By providing extra money so every school in England becomes an academy, we are improving our schools so our children get the best start in life. We are also doubling sports funding in primary schools and funding longer school days in secondary schools so that they can offer their pupils a wider range of activities, including extra sport.

The British economy is stronger because we confronted our country's problems and took the difficult decisions, but we now face a dangerous cocktail of global risks. Britain is well prepared to handle this challenge, but only by acting now so we don't pay later.