Lucy Powell

Even though I support the blue side of Manchester's football heritage, I don't really mind that wherever I go in the world it's not Manchester City that starts the conversation. 'Ah, yes, Manchester United,' is the response when I say where I come from. It's commonplace everywhere - in Europe, Africa, Asia and even the U.S.

Events are moving so fast and what in one moment seems impossible, the next is happening. I'm sure historians will, in time, provide theories and analysis, but for now I think most of us simply want the tide stemmed.

Leverage is great when it works, and when it doesn't work, it creates a lot of issues. So I think if you limit the amount of leverage that people can borrow, or that banks can borrow, I think you'll find that you'll have a lot less issues going forward.