I would accept that a £15 million reduction is not good enough; we need to do better. If the hon. Gentleman looks through the Red Book and reads the statement made by my right hon. Friend the Chancellor yesterday, he will see that the impact on investment will allow small and medium companies to write off 40 per cent. of all that they invest in plant and machinery in the coming year. That is particularly important for manufacturing companies. I am sorry that the hon. Gentleman did not see that example of what we have done; perhaps he chose not to see it.