Financial Stability

I am not sure whether that was the first discordant voice that we have heard this afternoon, and the hon. Gentleman is saying that he does not support what we are doing. If that is the case, I just disagree with him. As the Chairman of the Public Accounts Committee, he knows perfectly well that there are mechanisms—through that Committee and, of course, through the National Audit Office—for holding Government spending and Governments to account. That is not the only way; there is also the Treasury Committee, and I am accountable to the House, as are other Ministers. There is plenty of scrutiny, and we are very happy to answer questions.