'Businesses must know the rules of the game... If it becomes unpredictable, it is damaging'
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But you said that looking beyond Europe, it will get people's attention immediately, particularly after your speech at Davos.
Look, Britain has an important role to play in Europe. The single market is the biggest anywhere in the world and we are a part of that. I want us to reform the European Union. It has become too bureaucratic, too inflexible. It needs to be more competitive. I want us to reform it. But I want us to stay in it... The economies of the south and east of the world — Indonesia, India, Brazil and Malaysia — have so much growth and vibrancy that a country like Britain should be going back to its past, where we were much more traders, investors. We need to get that again.
Given the focus you seem to have on universities in your delegation and also in your talks, it looks like you really want our students. Is it just about getting admission revenues?
No. When we became the government, we closed down a lot of bogus colleges that were attracting people who were coming not to study, but to do unskilled labour. What I want is quality. I want the bright Indian graduate who wants the choice of university to choose Britain and we are saying that having sorted out the bogus colleges, there is now no limit on the number of Indian students who can come to Britain, if they have an English language qualification and a place at a British university. No limit. The point is not to simply benefit our universities. If your students come to my country and if my students go to your country, they will want to work together, do businesses together, share experiences together, and that is how we will succeed in the modern world.