I should make progress so that others can speak; my hon. Friend and I will have to talk later.

This Bill and this Government are all about the economic growth that ultimately is the route to more jobs, more opportunities and higher living standards—a better life for all of us in every part of the country. That is the potential of this Bill, and we must match the scale of the problem with the scale of our ambition. Britain’s economic decline has gone on for too long. Families are suffering with a crippling cost of living crisis, driven by high housing costs in many parts of the country and high energy Bills everywhere. We just do not invest as a country; we do not build, and year after year we find ourselves surprised that we are worse off and that we are stuck in a doom loop from which no politicians in recent decades, if we are honest, have had the guts to pull us out.

We finally have a Government elected on a promise to wrest us from this decline, and legislation that takes steps in the right direction to do just that. Of course, there is more to do—much more—but this is a strong legislative start. For the prosperity of all our constituents, I hope the Bill passes unamended today.