It will indeed, and my hon. Friend makes an important point. We need a complete cultural change in Whitehall's attitude to regulation. We must get away from the assumption that every time something goes wrong it is the Government's job to prevent it from happening again by introducing a new regulation. The cost of that attitude over the years to customers, employees and shareholders has been enormous, although often hidden as well. That cost grows every day, not just in higher prices, but in lower wages, smaller profits and less investment. It is paid in jobs, which go abroad, and in capital investment, which goes to create jobs in countries other than Britain.