I hear what my hon. Friend says. In the mid-1980s, investment by those businesses grew at a record rate, and the growth in the economy that resulted could not be sustained. I am afraid that one of the unfortunate facts of life is that those moves must be followed by a slow-down and it is necessary to keep interest rates high in order to bear down on inflation. We shall continue to pursue interest rate policies that are consistent with maintaining our position in the ERM.