City of London

The hon. Gentleman makes a fair point, but we should not let the City alone be interested in the City. As I will mention in a moment, quite a few of the reports on the City in this generation have been written largely by City practitioners. A wider group of people should be involved in things like the Bischoff report, for example, which was commissioned by the Treasury, because in that way we get a more holistic view of social usefulness.