My hon. Friend is absolutely right. Only the Labour party could plan to cripple industry with both a national minimum wage and substantial tax increases when trading conditions are so difficult. Let me give my hon. Friend a quote: If our costs rise more rapidly than others' costs, particularly German costs, then British producers lose markets at home and abroad. Those are not my words—they were the words of the Leader of the Opposition. If that is what he thinks, he should withdraw his tax plans and withdraw his minimum wage plans and do so today.