Does my hon. Can my hon. We hope to save them from that mistake, in part by introducing measures that will relieve some of the people described by my hon. Friend, and in particular will give people a major new set of incentives to save and provide for themselves over their lifetimes. That is another urgent necessity if we are to avoid a society that depends increasingly on the very means-tested benefits that the Chancellor of the Exchequer has misguidedly extended so far.
Friend is, of course, right.
As my hon. That has the most profound effects. It is not something that affects only the availability of domestic capital. I was interested to see that the Chief Secretary failed completely to answer a question about gross fixed domestic capital formation. Either he does not have any idea what the trend is or, as I suspect is more likely, he does have an idea but does not want to tell us.