I thank the Minister for that reply. I am sure that the hon. Member—and friend—for Bassetlaw (John Mann) and I will enjoy further conversations about that subject outside the Chamber.
The Bill will help to provide further impetus for change in not only the UK, but Europe. Fortunately, there is increasing evidence that, in contrast to the abject failure of the French socialist approach under President Hollande, the UK’s plan A can only help to bolster the pragmatic supply-side reform movement that has been spurred on by the Government and by the Prime Minister’s business taskforce. It has already been embodied by Open Europe and the Fresh Start group, which I and other Government Members support. Indeed, I was honoured to help to host a round-table discussion on better regulation only last month with delegates from across the EU. The Bill will do a good deal to deregulate in the UK, but if we are also to increase the EU’s competitiveness, we need to spread the lessons of our approach across the European economy.