Treaty of Lisbon (No. 2)

That is absolutely right. EDF is actually buying Iberdrola. It is a long and complicated chain of events involving a number of European energy companies but, basically, it looks as though there could be further consolidation of ownership in the British market. There are big issues facing competition in this market as well. I still think that the balance of power is about right as it stands, and I am not persuaded by the Government's case for the energy provisions in the Lisbon treaty.