The noble Lord makes a number of very fair points. The Government obviously want to reinforce safety for all road users, particularly those described as vulnerable road users, including pedestrians and cyclists. He will be aware that there was a review of cycling and walking safety, and licensing and insurance were considered as part of that. Over 3 million new cycles are sold each year. Licensing and insurance would require the establishment of a central register, and the Government’s view is that this would be very cumbersome and expensive to administer. There is evidence that other countries that have trialled these schemes have then withdrawn them. The Government have committed, through the cycling and walking investment strategy, to a 50-point plan and £2 billion of investment to improve safety for all road users.