Lord McIntosh of Haringey: My Lords, the noble Lord is in another Cloud-cuckoo-land at the opposite end of the spectrum from the noble Lord, Lord Lamont of Lerwick. The announcement by the Chancellor of the Exchequer in October 1997, which was reaffirmed by the Prime Minister in February of last year, is, and remains, the policy of Her Majesty's Government. We have no regrets about that.