I am grateful for my right hon. Friend's welcome for the Budget measures. As he rightly says, the cuts in corporation tax benefit 270,000 companies, and companies paying tax up to the level of £50,000 a year stand to benefit from those cuts. Many more companies on top of that—in the manufacturing and service sectors—will benefit from the extension of first-year capital allowances. I know that that is widely welcomed, in manufacturing in particular. We recognise the difficulties that some manufacturing companies face at the moment, and we hope very much that the Budget measures will help them to grow and prosper for the future.