I was hoping to catch my noble friend before he sat down, which I thought he was about to do.
I am very grateful to my noble friend, and I think the whole House will probably be very grateful to both him and the noble Lord, Lord Kirkwood, for raising this fascinating matter. I have two questions to put to him. Normally speaking, a high salary is justified, where it can be justified at all, either by the high risk incurred by the person who is receiving it or by the great competitive merits of that person in showing great skill in the face of competition. Can noble Lord tell the House, first, what risk is being run by the operations company in this case? How risky is its business? Secondly, how much competition is there for this business, or does the operations company have an effective monopoly on the motability business in this country?