Mr. Simon Barry:

I will add something very briefly. This is not the case across all segments of the insurance market, but we did note and welcome some signs of entry in some areas, including motor and home insurance where we have seen OUTsurance, Revolut and Fastnet enter the market. We regard that as a welcome sign, and potentially some indication of payback for some of the reforms that have been introduced. Obviously, we would like to see more entry across more markets, but we do take that as a sign of encouragement.