I thank my hon. and learned Friend for his generous remarks. It has been a pleasure to keep this Treasury seat warm for him, so that he can take it up in the next Parliament.

I entirely concur, without reservation, with all that my hon. and learned Friend says. [Interruption.] If Opposition Members will listen, I will tell them that there is even better news for the east midlands. According to the respected body, Business Strategies and Cambridge Econometrics, the east midlands is set to become the fastest growing region in the country. That is largely due to the successful revival of manufacturing industry, which, in turn, is entirely due to the success of the Government's policies.