Does the Minister accept the description given by the chairman of London Transport that the underground is an appalling shambles and at least £10 billion is needed to produce acceptable standards? Does the hon. Gentleman accept the rumour that the report by the Monopolies and Mergers Commission makes it clear that there are inadequate finances for the London underground? If so, will the hon. Gentleman make a statement to the House before the summer so that we can offer some hope to those suffering misery on the London underground?