Boris told the IoD:

“The UK economy has finally reached its Costa Concordia moment. Because after two-and-half years of parbuckling the labour is complete and the rotation has been accomplished and though the damage is still I think manifest and the caissons have not yet been entirely drained of debt, I think you would agree that the keel is off the rocks and at last we can feel motion, relief. I have no inclination at all to hand back the bridge to the people who were at the wheel when it ran aground.”