Mr. Jeremy Masding:

There are probably two questions there. I would not want to comment on legislation on rates because, obviously, I would not understand what that legislation might look like. As the Deputy would expect to me to say, I believe in a free market and competition and I would hope that there is no need for an intervention in pricing of a market. In terms of the cash back offer, I can assure the Deputy that before we put any proposition on the shelf, we carry out deep research, which includes customer focus groups. Certainly the dialogues we have had with customers, for example, before we put the new mortgage products on offer, show that 2% was of value to customers.