Mr. Tim Fenn:

As I understand, the Government has charged the Low Pay Commission to have a look at a living wage in the lifetime of this Government. If and when that happens, we hope it will be done on the basis of objective criteria. When that happens, we will just have to deal with it and look to implementing it. However, some way or other, a very high percentage of our industry's turnover goes out on payroll. That can be between 35% and 45%. Therefore, any change or any Government or central interference in pay rates will have an impact on the ability of businesses to provide the quality of service that they do. It is an area that will be of concern as well. At the end of the day, this economy is not a low-cost economy. We have to ensure that when we restore and regrow our industry again, we can do it in a manner that will fit the type of economy that we have.