My Lords, the Minister has produced the best reply possible while giving little hard information which the Committee really needs. She made one point that I am pleased to see on the record, as long as she stays consistent with it—that there is no change to the VAT arrangements for the new company. We on this side of the Committee are still struggling to see where the significant gains from the new company are coming from. We are meant to top up towards £2.6 billion in due course from these
arrangements. I and several of my noble friends have difficulty in reaching such figures, but I guess that the Minister is seeking to counteract what has been expressed as a general hope and intent outside the House with what can be said in Committee and inside the House, on which the Government can be questioned much more closely. I have listened very carefully to the Minister’s comments. Of course I shall withdraw the amendment, because it was meant only to probe. It did not probe very far, so we may feel that we have to table an amendment at a later stage. I beg leave to withdraw the amendment.