Treasury and Work and Pensions

That is one possible conclusion, but I will produce a grown-up report, which shows where we will get revenue from, how much we will spend and so on. I have not completed all that work yet. I am guided and helped by my noble Friend Lord Forsyth, who has produced an excellent report setting out how he would propose to cut the headline rate of corporation tax and pay for some of that through changes to the allowance system, which could create a much fairer system for many companies. That is an interesting idea, which we shall evaluate.