They do not need broad band technology to do that. New clause 1 would enable us to review the regulations that established Oftel when British Telecom was privatised and the telephony companies were freed up. However, as my hon. Friend says, circumstances have changed and they will change again in five years. I shall confess to you, Madam Deputy Speaker, that I am a great admirer of Margaret Thatcher and was a Thatcherite in the 1980s, but what was right then is not right now.
Economies move on and circumstances change.
Column 547 effect of a regulation on a business changes. A cost- benefit analysis might not have a positive flow in five years' time and, as I said to my hon. Friend's revisionism, and far be it from me to chide him for it. I have probably spoken for long enough. The Bill is excellent, but toothless.