It will not have escaped colleagues’ notice that many people wish to speak. While I do not intend to impose a formal time limit, which I believe to be bad for debate, I leave it to the conscience of individuals to recognise that they should speak for two or perhaps three minutes, because if they go on longer than that, they will be squeezing out their colleagues. To save a bit of time, let me say that I am delighted to be your Chairman; you do not need to say so.