If that is the case and this is a dilution, is this where the Government think they will get the savings identified in the impact assessment?
It was alleged in the Public Bill Committee that this is where a lot of the savings would come from—we all have rather different views. My first information was that every SME might save about £80 a year then, suddenly, the Secretary of State started talking about £10 billion of benefit from the Bill. Clarification of that would be extremely helpful. There seems to be a dichotomy between the noble Lord, Lord Bassam, saying that this is a way to reduce the burdens on business and the Minister saying that it is all about confident refusal and confidence. He has used that word twice, which is worrying.