Mr. Kevin Bakhurst:

We have already started work. We are looking at the options of how we will try to close that gap. There are going to be some tough decisions about that. We will have to stop investment on some significant projects, digital and other projects, and stop some capital investment. We will have to keep a careful lid on the amount of recruitment we can do. We will also have to keep a careful lid on discretionary spend. There will inevitably cuts to some content areas.

One of the things that concerns me is our ability to carry on investing in independent productions because that is one of the few tools we have at our disposal, among other things. That is an area I do not want to cut back. I will try to manage that as carefully as possible because that is really important to the whole of the creative sector in Ireland.