Friend on the progress that he made in the liberalisation of the energy market. We now have a timetable, and under the qualified majority voting procedures, the French will no longer have anywhere to hide. They will have to come out and account for their obstructive policies. Secondly, on financial services, is my right hon. It would be helpful if we could ensure that the imaginative training and investment arrangements available elsewhere in Europe were made available to that area, in preparation for the great advance that is to take place in financial services.
Friend is right on both points.
As a result of the Commission proposal, it will be possible to make significant progress in energy liberalisation. Virtually every other member state whose representative spoke at the Council was in favour of such liberalisation. In respect of financial services, my hon. Friend is right about the Edinburgh-Glasgow corridor. That part of Scotland is one of the fastest growing areas in Europe for financial services.