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Identifying Growth Sectors in the South East Economy

May I reply to my right hon. Friend? Not only is there the point made by my right hon. Friend, which is highly relevant to the question asked by the hon. Member for Milton Keynes, South-West, but there is also the fact, as we know from the Select Committee report, that the uncertainty and confusion was in large measure created not by the banks, but by the Government. It was the South East England Development Agency that had to sort out that confusion and uncertainty, so the Government should indeed be held responsible.