Mr. Kevin Bakhurst:

It is hard to say that, because the licence fee figures have been moving around over the past few months. For the last month we had, the licence fee collection figures had improved quite considerably. The last week was not so good. The trajectory over the past three or four months has been a steady improvement in people paying their TV licences, for which we are grateful. I add to that, we are doing everything we can to help ourselves. We took substantial costs out of the organisation in the last five or six months of last year. We are making savings of millions this year, and there is a price to that for the organisation. We are not investing in some digital projects we want to, and which are important to the future. We are trying to save as much money as we can, while respecting that we have a responsibility to our staff and so on.