I accept that point, and I am pleased that the hon. Gentleman does, too. We should keep a sharp eye and a controlling grip on the money—not on what we spent last year, which tends to be what we get told, but on what we will spend in two or five years’ time—and on where the programme takes us. There is a chance to—dare I say it?—reduce expenditure in other areas, and perhaps spread the cost over a longer period. Making absolutely certain that we have a grip on the project is key. That has to come out of the reorganisation that we will discuss next week and presumably bring in soon after.
This must be one of those rare occasions when we welcome the direct involvement of the Treasury as an adviser and overseer; that is the new proposal. This is almost an act of desperation, but I think it is the right thing to do. It is forced on us by the circumstances so ably described in the article in The Observer. It is important that we face up to them today.
3.41 pm