I wish to give way to the hon. Member for Dunfermline, East, but he is uncharacteristically rooted to his seat. He refuses to withdraw his support for trade union opposition to investment into this country. The Americans have a saying, that an honest politician is one who, when he is bought, stays bought. The hon. Gentleman carries that to extremes. He stays bought even when he is being sold out. As I say, the trade unions have themselves withdrawn now from that position. I suspect that the hon. Gentleman carries integrity to the point of ineptitude.

The three conditions of sustained recovery are clear. They are low inflation, reduced interest rates and renewed confidence. Labour's policies are tailormade to undermine all three of those conditions. The Government have brought inflation down to a little more than half the lowest level ever achieved by the last Labour Government, and it is set to fall below the German level for the first time in a generation.