Ms Jane Howard:

It was a very constructive meeting yesterday. I thought all parties found it constructive. It is fair to say we all agree we should have those meetings on a more regular basis going forward as we start to support our customers with their actual movement in much bigger volumes. The recognition is there is good momentum right across the industry. It goes beyond the five banks and it is very important for us that it goes beyond the five. There is good momentum but it is also fair to say there is more to do. We have alluded to that already. There is ongoing work with direct debit originators. We all need to do that through the BPFI and also through the Central Bank of Ireland. Given the scale here, we will inevitably see some challenges arise but trying to get ahead of those by working together is the order of the day and everybody was committed to doing that yesterday. It was a very welcome meeting and I am sure there will be more of them.