On the first part of the hon. Gentleman's question, we do have a positive vision of Europe. Britain wants a decentralised and deregulated Europe which will succeed where it has failed for the past 10 or 15 years—in creating employment. Unlike virtually all the other countries in Europe, Britain has done that extremely well. The hon. Gentleman cites BMW. That company brought that investment to Britain, not to any other European country. It came here, presumably, because of the industrial and labour market environment that we have created in the past 15 years. Many German and other industrial leaders around Europe are clear in their minds that Britain is the best place to invest in Europe. In Jacques Delors' words, Britain is an investors' paradise.