My Lords, I am very glad that the noble and learned Lord emphasised the 2012 settlement, because I think that is something that people were not aware of in the course of the referendum campaign. I also thank the noble and learned Lord for emphasising the scale of the majority for the no vote, because, in the past few weeks, I have sometimes wondered if we did actually win. We have learnt that those who shout loudest do not necessarily find themselves on the winning side. It was the quiet majority in Scotland that voted no and were sometimes frightened to admit that. Does the Minister agree that, regardless of the outcome of the Smith commission and the conclusions of all the major political parties in this House, that will not assuage the views of the separatists and that we will have to return again and again to emphasise the scale of the majority for remaining part of the United Kingdom?
On a specific point, the Command Paper contains a number of proposals for variations in income tax and other economic measures. What action will be taken to ensure that there is no adverse effect on macroeconomic policy, because any adverse change in macroeconomic policy will affect not just the people of Scotland but the people of all of the United Kingdom.