Mr. Cormac Ryan:

I will make a couple of points on repossessions. Obviously, this is an extremely important topic for Pepper. If I were to describe what we do for customers, I would say that our primary focus is on keeping people in their homes. That is the most important one of all the things we do. I know repossession has been discussed at this forum on many occasions. It is an absolute last resort. I stress that it is a last resort. There is a human dimension to the business we have. We have huge sympathy for customers who find themselves in this situation.