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Business of the House (Lisbon Treaty)

I am grateful to the right hon. Gentleman for his generosity. In contradistinction to the flavour he is getting from some of the interventions, I am getting the impression that many hon. Members have not looked at the source materials and are basing what they say on rumours and misinformation that is being peddled. For example, the right hon. Gentleman just agreed with the right hon. Member for Wokingham (Mr. Redwood) about the ratchet mechanism, whereas the treaty enables competences to be transferred back to member states.