Employment Bill [Lords]

The hon. Gentleman is right to talk about the aggregate burden of regulation. He referred earlier, as did the hon. Member for Mid-Bedfordshire (Mrs. Dorries), to total costs of £65 billion—a figure suggested by the British Chambers of Commerce. However, if we look at the aggregate gross domestic product since the present Government have been in power, that £65 billion represents a little more than 0.5 per cent. of GDP. Is that the sort of burden that would push firms to the wall?