Part of the debate – in the House of Commons at 9:34 am on 1 February 2013.
I am always happy to give way, but let me finish my point first.
As I was saying, I see one or two puzzled faces, but everyone who works in the industry, either in a third-party role or in-house, considers the definition that I have given to be reasonable. I would never suggest that Opposition Members know less than those who work in the industry, but I am myself slightly puzzled about why some of them, who I know are phenomenally intelligent, cannot get their heads around that fact.