Speech

The Chancellor's speech at the GG2 Leadership Awards

Sajid Javid, Chancellor of the Exchequer delivers a speech at the GG2 Leadership Awards (Check against delivery).

This was published under the 2019 to 2022 Johnson Conservative government
The Rt Hon Sajid Javid

Thank you.

It鈥檚 great to be back.

And an incredible honour to top the Asian Power List for the second year in a row.

I鈥檓 particularly delighted that two of my Cabinet colleagues are in the top ten this year.

A good reminder that this is the most ethnically diverse Cabinet ever. 鈥 So congratulations to Priti鈥

鈥ur outstanding Home Secretary鈥

鈥lmost as good as the last one!

And can I say a particular well done to my colleague and friend Rishi Sunak.

Let me just say this:

As Chief Secretary to the Treasury, his job is to keep a tight grip on the public finances.

But last month鈥檚 Spending Review saw the biggest increase in public spending for twenty years.

Keep up the good work, Rishi!

And you know what 鈥 I鈥檇 also like to congratulate the person in third place on tonight鈥檚 list 鈥 Gina Miller.

We may not agree on the biggest issue of the day.

But she deserves the utmost respect for her determination in pursuing what she believes in. 鈥 Congratulations to all of you鈥

鈥o everyone on this year鈥檚 Power List鈥

鈥nd to all the award winners tonight. 鈥 But tonight isn鈥檛 just about winners.

It鈥檚 about all of us.

Like everyone on the Power List, I didn鈥檛 get here on my own.

It鈥檚 a clich茅 鈥 but its true:

We really are all standing on the shoulders of giants. 鈥 My Mum and Dad landed at a cold, dark Heathrow more than fifty years ago鈥

鈥ith just 拢1 in their pockets鈥

鈥etermined to build a better life for the next generation of Javids. 鈥 They were part of a community鈥

鈥nd a generation鈥

鈥hose sacrifice and hard work shaped not just the lives of us, their children鈥

鈥r even of the British-Asian diaspora鈥

鈥ut have helped shape modern Britain itself. 鈥 I鈥檓 incredibly proud of what our community has achieved.

British Asians are some of the most industrious and accomplished individuals in the country.

Despite being only around 6% of the population鈥

British Asians generate over 拢100bn a year to the UK economy鈥

Starting businesses, creating jobs, and paying taxes鈥

鈥hich I鈥檓 especially grateful for, now that I鈥檓 Chancellor! 鈥 But what really puts the British Asian community at the very heart of modern Britain isn鈥檛 just economic value 鈥 it鈥檚 your values.

Values like a belief in the importance of hard work, family and public service.

A conviction that education and entrepreneurship are good for individuals 鈥 and good for society, too.

And an understanding that true freedom demands true social mobility.

Ideas and values that will continue to guide me as Chancellor.

This year鈥檚 awards, of course, celebrate the 150th birthday of Mahatma Gandhiji.

There is perhaps no greater giant 鈥 and no broader shoulders 鈥 than Bapu.

Shortly after Gandhiji was murdered, my predecessor as Chancellor of the Exchequer, Stafford Cripps, summed it up like this:

鈥淣o other man in history鈥as so forcefully and convincingly demonstrated the power of the spirit over material things.鈥 鈥 Those words are as true today as they were 70 years ago.

Gandhiji dedicated his life to the values of non-violence, equality, and democracy.

In his pursuit of ideals that were bigger and more important than himself, he sacrificed everything.

Including, in the end, his own life. 鈥 When he died, his belongings were worth just a few pounds:

A dhoti, a spinning wheel, a pair of glasses.

But the moral inheritance he left us is unmatched.

The clarity of his ideas was powerful enough to inspire not just his brothers and sisters in India.

He became an example to people around the world, from the US civil rights movement to the South African battle against apartheid.

And he showed us that words and ideas can be as powerful as guns. 鈥 But in today鈥檚 deeply divided political landscape it can feel like his teachings are going unheeded.

Never in my lifetime has there been a political moment like this.

MPs鈥 children facing death threats.

Rising extremism on our streets.

Attacks on mosques and synagogues, temples and churches. 鈥 Britain for me has always been an open, tolerant and outward-looking place.

But we can never take that for granted.

So the question facing us today is this:

How do we win the argument for tolerance?

For humility?

For the belief that diversity is a strength not a weakness? 鈥 Well, a good place to start is to remember Gandhiji and pass on his lessons to the next generation.

That鈥檚 why I was incredibly proud, as Culture Secretary, to oversee the new Gandhiji statue outside Parliament.

It was the first statue in Parliament Square of someone who had never held public office.

And seeing it unveiled in 2015 was one of the proudest moments in my political career.

The father of the world鈥檚 biggest democracy鈥

鈥atching over the home of the world鈥檚 oldest democracy. 鈥 Tonight, we take another step in honouring his memory.

You might not know this, but when you become Chancellor you also become Master of the Mint.

And being in charge of the nation鈥檚 coins is not an opportunity I鈥檓 going to pass up! 鈥 In recent years, we鈥檝e had coins to commemorate important figures from every walk of British life.

Now is the time to add to that list.

So I can announce tonight鈥

鈥hat I鈥檝e asked the team at the Royal Mint to bring forward proposals鈥

鈥or a new coin to commemorate Gandhiji. 鈥 Tonight we鈥檙e rightly celebrating the phenomenal success of the British Asian community.

But Gandhiji taught us that power doesn鈥檛 just come from wealth or high office.

We must always remember the values he lived his life by鈥

鈥nd that our parents brought with them when they arrived here all those years ago. 鈥 That success means a loving family as much as a thriving business.

That free enterprise must be balanced with a strong community.

That economic responsibility must be balanced with social responsibility.
鈥 And that we should always look for ways to demonstrate鈥

鈥s Gandhiji did throughout his life鈥

鈥he power of the spirit over material things.

Thank you.

Updates to this page

Published 10 October 2019