James Caan

Britain is no longer one of the world's price setters. It is painful. It is a challenge to us in government to explain all that, and it is a pity that the political class is not preparing the public for it to understand how massive the problem is.

I was badly bullied when I was in the seventh grade - relentlessly, mercilessly - by a group of 12-year-old girls. And it left me with a determination that no matter what, I had to throw my shoulders back, stick out my chin, and project a sense that no one and nothing could hurt me. That turned out to be a life-changing mistake.