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Transport Innovation Fund

We have no plans to do so, as they say. I have made the point on a number of occasions that if we move to a system of road pricing, we would be moving away from the present system of taxation. We could not have a charge on top of a charge. It would have to be something instead of the present system. I strongly recommend that the right hon. Gentleman, if he has not already done so, have a look at the feasibility study that I mentioned in my statement. It found that we could have almost 40 per cent. less congestion at peak times and that nearly half of people would pay less than they do at present. In fact, if we could reduce even 4 to 5 per cent. of the volume of traffic at peak times, it would have a very dramatic effect. I understand perfectly well where the right hon. Gentleman is coming from on this matter and I am grateful to him for putting his point so reasonably.