The Secretary of State for Culture said in the other place yesterday that if we did not have the BBC, we would have to invent it. It has a proud history of over 100 years, and it can have a proud future, hopefully, of more than 100 years going forward. I concur with the noble Lord’s sentiment. Some 94% of UK adults use BBC services each month. The Majority of people still believe that it is effective at providing trustworthy news. In an age of misinformation and disinformation—when we have hostile states attempting to confuse the whole context in which we are operating—it has never been more important. But we want it to be the absolute best it can be: we want that gold standard.