【正文】 nancial exports grew 10% last year, and our surplus in finance and insurance hasreached amp。 twice as much as our closest petitors.
　　Weamp。s largest insurance firms.
　　And we have been chosen as the location for the International Forum of the worldamp。s extraordinary expansion.
　　Now two thirds of all Renminbi payments outside of China and Hong Kong now take place inLondon.
　　Chinese bonds are being issued here, Chinese assets are being managed here, Chinese bankswill be able to apply for branches here, a Chinese clearing bank is soon to be appointed here and next week, when the Chinese Premier visits, we will take the next big step forward in theeconomic partnership of our two great, historic trading nations.
　　I can also confirm tonight our intention in the next few weeks, subject to market conditions,for Britain to be the first western nation to issue a sovereign sukuk amp。 but of Islamic financetoo.
　　It is with these active steps that together we are making Britain the undisputed centre of theglobal financial system.
　　But all this can so easily be put at risk.
　　By badlyconceived EU rules that only reinforce the case for reform in Europe.
　　By populist proposals for selfdefeating bonus taxes and punitive ine tax rates.
　　And by the potential break up of our nation.
　　Edinburgh is even stronger as a worldrenowned centre for asset management because it ispart of a United Kingdom that is a worldrenowned centre of finance.
　　And let us hope it remains so, for we are better together.
　　We should be candid tonight about another risk.
　　The risk that scandals on our trading floors call into question the integrity of our financialmarkets.
　　People should know that when they trade in London, whether in modities or currencies orfixed ine instruments, that they are trading in markets that are fair and effective.
　　The revelations about the manipulation of LIBOR added further damage to reputation offinancial services, here and abroad.
　　In Britain, thanks to the leadership of Martin Wheatley and Andrew Tyrie, we acted swiftly topunish the wrongdoers and fix the system.
　　Let us not wait for the next wave of scandals in financial markets to hit us before we respond.
　　The integrity of these markets matters to us. London is home to 40% of the global foreignexchange business。 and she will be joined by MartinWheatley and Charles Roxburgh.
　　This Review must work closely with industry. So I am establishing a panel of marketpractitioners, chaired by Elizabeth Corley, chief executive of Allianz Global Investors.
　　The Review will produce its report in a yearamp。 many of which are currently entirely unregulated.
　　Based on the Reviewamp。s mortgages, the exchange rates for our exportsand holidays, and the modity prices for the goods we buy.
　　I am going to deal with abuses, tackle the unacceptable behaviour of the few, and ensure thatmarkets are fair for the many who depend on them.
　　Weamp。 instead we are going to act now, and and Gentlemen,
　　Robust financial markets are an important part of building a resilient economy.
　　But tonight, I want to address another market which can create a risk to Britainamp。 and thatamp。t sit fortably together.
　　For most people, their home is the biggest investment of their lifetime. And, of course, theywant that asset to increase in value over time.
　　But a home is also a place to live and build our lives amp。whether youamp。rsquo。 for theprice of failure is too high.
　　So my message today is this.
　　As Chancellor, I have never shied away from confronting Britainamp。m determined to back aspiration in every way I can, including the aspiration to own yourown home.
　　But Iamp。t damage the economy.
　　So no irresponsible gambles with stability。rsquo。rsquo。rsquo。ndash。rsquo。rsquo。rsquo。re regeneratingthe worst of our housing estates。ndash。rsquo。re pulling up the property ladderbehind us.
　　So we will build the houses Britain needs so that more families can have the economic securitythat es with home ownership.
　　And today I will give the Bank of England the powers it needs over mortgages, so that Britainamp