Release of Spectrum Band

Just before the hon. Lady asks her important questions—I can see the Minister is desperate to hear them—does she agree that there is a false economy here? By seeking money up front for the sale of licences, we inhibit the speeds that exist out there in the country. That holds back productivity, where we have an enormous challenge. If we show a bit more vision and foresight and plan for the longer term, we will get faster speeds and the overall benefit to the country and the public purse will be far greater.