Mr. Paul Stanley:

As the committee will be aware, the level is relatively small in that regard in comparison with RBS in terms of numbers and, indeed, in terms of settlement.

In terms of GRG in Ireland versus the UK, the difficult customer base and the distressed customer base are very different. I am sure the committee is aware, and we have said it before that the vast majority of what GRG then had in Ireland comprised a large property element rather than an ongoing trading cashflow business element. Everybody in the room here is well aware of what happened in the property sector in Ireland and how stressed those loans became. For the most part we put on-----