The Chairman: Nicolas Véron and Simon Gleeson, you are both very welcome to our continuing investigation into the new framework. We will be very grateful to hear your answers to our questions. As ever with the House of Lords, we will send you the transcript of what takes place this morning. We ask you to check it to make sure that it is right and true, and we also ask you to remain on the qui vive so that if you think of any brilliant answers
once you have left the room, you can send them to us—or, indeed, any updates as time moves on quickly in terms of the investigation. As I say, we will then ask for those to be corrected. We are being recorded and I should say to my colleagues to be aware of that. Any asides that are made need to have the guarantee of being very interesting, otherwise you should not make them at all.[...]