I am grateful to you, Mr Deputy Speaker, for calling me to speak in this very important debate.
We have had a to-ing and fro-ing about the merits of nationalisation, the merits of privatisation and all the rest of it, but what has struck me about the debate is the hypocrisy, I think, that I have heard from many Opposition Members. It is a strong word, used by my right hon. Friend the Secretary of State in his opening remarks—