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I thank the hon. Gentleman for his comments. Reading his piece in the Financial Times, which made a similar point, I did not understand why he was not on the Conservative Benches. His views and outlook seem similar to those of what I might call a high Tory. I am delighted that there are others in the House who might be so described.
I do not want to make a long speech. I just want to make the simple point that we have these great historic traditions, within which we can adopt what the Government are trying to do. My suggestion would not run a coach and horses through the Bill; it would broadly accept most of it.