Northern Rock and Banking Reform

I acknowledged the expertise that the hon. Gentleman brings to the debate. [Interruption.] If he will allow me to continue and not just shout during my response to his remarks, he might hear one or two things that he might welcome. He has a very interesting analysis of what happened and he supports much, although not all, of the thrust of the Select Committee's report, but I hope that he will accept that that sort of detail is a matter for Northern Rock. We must leave such issues to the management of Northern Rock to take forward, because our arrangements for Northern Rock have been clearly made so that it is at arm's length. Those will be matters for the leadership to respond to in detail.