I thank the Prime Minister for his remarks about me. Debating with him at the Dispatch Box has been exciting, fascinating, fun, an enormous challenge and, from my point of view, wholly unproductive in every sense. I am told that in my time at the Dispatch Box I have asked the Prime Minister 1,118 direct questions, but no one has counted the direct answers—it may not take long.

Getting something like this wrong is not just an academic error or an argument at conference. It affects the jobs of millions. Unlike the ERM, the single currency is for all time. British business could find itself trapped in a burning building with no exits.

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I was the driver's mate, delivering the bottles and beer around South Yorkshire. We used to have a pint at every stop – well the driver's mate did, not the driver, thankfully – and we used to have about 10 stops in a day. You worked so hard you didn't feel you'd drunk 10 pints by four o'clock, you used to sweat so much. But then you had to lift all the empties off the lorry. It's probably horrifying but we used to do that then go home for tea and then go out in the evening to the pub.

The Tony Martin case lit a touch-paper that has led to an explosion of anger and resentment among millions of law-abiding British people who no longer feel the State is on their side. The specifics of the particular case are best left to the criminal courts. But politicians aren't doing their job if they don't listen and respond to the unprecedented outcry which has greeted the murder conviction for this Norfolk farmer who was defending his home against burglars.

[To Harriet Harman] Before turning to domestic issues, I was going to be nice to the right hon. and learned Lady. She has had a difficult week. She had to explain yesterday that she dresses in accordance with wherever she is going: she wears a helmet on a building site, she wears Indian clothes in the parts of her constituency with a large representation of Indian people, so when she goes to a Cabinet meeting, she presumably dresses as a clown. As I said, I was going to be nice to her before her previous response.

Imagine going back to the people of this country and saying 'you got this wrong in the referendum, you may have turned out in record numbers and most of the country voted to leave but nevertheless we think you got it wrong and we are going to run it again'. Imagine the hate-filled campaign that would divide this country. I do not think that is a price worth paying.

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I welcome the formation of the new Israeli Government. I warmly congratulate Prime Minister Netanyahu on his second consecutive term in office at this important time in Israel’s history. We look forward to working with his new Government to further develop our strong bilateral relations and to advance our successful partnerships in areas such as trade, security, science, technology and higher education. As I have said previously, there is no more urgent foreign policy priority in 2013 than making progress towards achieving the two-state solution. I have urged the United States to lead international efforts to revive the peace process and pledged that the UK will spare no effort in mobilising European Union and Arab states behind decisive moves for peace. I welcome President Obama’s visit to the region next week. I call on Prime Minister Netanyahu, and President Abbas, to demonstrate leadership and courage in working with the international community to secure the peace which is so strongly in the interests of both Israelis and Palestinians.

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In the Prime Minister, we have a man who has forfeited the right to be believed or to be trusted. In more than 20 years in politics, he has betrayed every cause he believed in, contradicted every statement he has made, broken every promise he has given and breached every agreement that he has entered into. In 1982, the Prime Minister said that we would negotiate a withdrawal from the EEC. In 1994, he said: "Under my leadership, I will never allow this country to be isolated." In 1996, he said that he had made it clear that if it is in Britain's interest to be isolated then we will be isolated. There is a lifetime of U-turns, errors and sell-outs. All those hon. Members who sit behind the Prime Minister and wonder whether they stand for anything any longer, or whether they defend any point of principle, know who has led them to that sorry state. In one of his frequent meetings with the former leader of the Liberal party, whom he so much preferred to meeting his own Cabinet, the Prime Minister told us as it is. He said that he had taken from his party everything they thought they believed in and had stripped them of their core beliefs and that what kept them together was power.

We have a Government that has contempt for the views of the people it governs. There is nothing that the British people can talk about, that this Labour Government doesn't deride. Talk about Europe and they call you extreme. Talk about tax and they call you greedy. Talk about crime and they call you reactionary. Talk about asylum and they call you racist. Talk about your nation and they call you Little Englanders. This Government thinks Britain would be alright if only we had a different people. I think Britain would be alright, if only we had a different Government.

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The electorate voted to leave the EU, and therefore we leave. What is more, the number of people who voted to do so was higher than the number of votes cast for any government in our history. To me and many of my former colleagues in government who preferred to remain, the argument was over.