I can certainly confirm what my right hon. Friend said about our not entering the social chapter being one of the main reasons why inward investors come to this country and why my constituency is doing well in creating jobs in small businesses. We do not have the social chapter and in consequence unemployment in Dover is less than half that in Calais.

I tried to read all my right hon. Friend's speech in Committee, and I am not entirely convinced that the leasing industry has been fairly treated. That industry passes on a large part of the benefit achieved through tax arrangements that have been accepted for many years by Governments of both political persuasions. It is somewhat unfair that the benefits that are passed on may not be taken advantage of as much as one would like by some of the inward investors.

However, in the circumstances, it would not be appropriate to press the amendment to a vote. I therefore beg to ask leave to withdraw the amendment.