Ms Maria Graham:

I will start by clarifying that when I referred to 2009, I was referring more to the fact that a Government made a choice about how it would use its finances at a particular time. The distinction I was making was that the commercials were able to stick to their statute and investment plans. They were not dependent on the choices made by the Government. That was the element to which I was trying to refer. We have been looking at that model which includes both affordable housing and private housing, with reference to the tests we have been undertaking from a state aid rules perspective. It takes account of both components and what they mean. Part and parcel of it is the issue to which Mr Coleman referred. We are speaking about the use of public lands in the first instance and the fact that the transfer of those sites, irrespective of whether it was to the LDA or a private operator, would encompass the provision of social and affordable housing. That is the landscape on which all of this is set. I confirm that we are looking at both angles.