My hon. Friend is absolutely right. This point really is significant because as corporation tax rates come down below 20%, businesses behave differently. Businesses are more likely to locate in this country, to invest in their businesses in this country and to create jobs, which is what my constituents and, I am sure, the constituents of the hon. Member for Denton and Reddish want. That also generates the revenue that is paid in taxes to fund public services.