I am tempted to point to the remarks made by the hon. Lady’s colleagues in setting out the reasons why that new clause should have been rejected. She might not have been persuaded, but I am tempted
to say that six years on, after much reflection, I can see some value in them. The stronger argument I would perhaps make is that in contrast to what happened some years ago, when the previous Labour Government negotiated away part of our rebate, we have just had a successful negotiation in 2013. Let me set out the progress that is being made on that agenda. If I may, I will give a little detail on the substance, putting aside the point that the Bill focuses on the revenue, rather than the expenditure, side of things.
1.15 pm