Mr. John Trethowan:

That might not be a bad thing. One point about the Credit Review Office is that no matter how many or how few cases we have, it must be remembered that just being here puts a discipline on the banks. They do not know who is going to come to us and what we will find. Over the course of the past five years, it has improved the behaviour of the banks, especially in the first few years. Being here is enough of a safeguard.

On the sold-on percentages, as there are so many deals done at so many rates and it would be commercially sensitive to each bank, I do not know the answer to that.