Prevention of Terrorism Act

We have already made legal changes in relation to the financing of terrorism for the reason that the hon. Gentleman expresses. Of course, the question of whether those controls are adequate is something that we can address if new legislation is required. My right hon. Friend the Chancellor and I have worked closely together to try to achieve a regime that attacks the funding sources of terrorism. I am satisfied with the co-operation of the European Union on this matter. Indeed, one of the acts during the British presidency of the EU was a resolution at the Justice and Home Affairs Council just before Christmas, which was brokered and led by Britain, to reach agreement on several measures to counter terrorism, including measures on terrorist financing of the type that the hon. Gentleman describes. Of course, the question of turning all the intentions—the law, the action plans, the declarations—into a tight working relationship is always an area where more work needs to be done, and we are focusing very much on that.