Mr. Tim Fenn:

I will take the question about insurance. The Government is making great progress on new legislation at the moment, but we have not seen any significant price reductions in the insurance market yet. In fact, our members are reporting increases of 20% still. That has been going on year after year. Insurance is therefore a significant challenge for us.

Nobody can really do anything about the price of oil, but hotels are big users of energy. Hotels' utility bills are significant costs. If I pass on to Ms Campbell, she may give the committee an idea of the kinds of implications we are talking about when we see those prices.