It strikes me that issues such as the threshold for auditing should be dealt with at a European level. These days much of our company legislation is centred on directives from Brussels. It is surprising that this is an issue that has not been dealt with in that context. If it is providing a competitive advantage, for the sake of argument, to companies incorporated in the UK and Northern Ireland, it is not then in the overall interest of the European Union that this should be the case. We should press this matter on an international basis. It would make sense that auditing requirements be levied on a reasonable basis according to internationally agreed standards.