I must tell my hon. Friend that it is not the GRE which results in what he calls the punishment for low spenders; it is the fact that their rateable value increases. That is included in the 1980 Act, where there is no power to vary it. That element of the formula causes the problem which my hon. Friend identified, and I have every sympathy with him. We must go to an entirely new system to get that element of resource equalisation out of the system or my hon. Friend's complaint will be valid for as long as we stick with the present system.