I am aware of the anxiety in Southend because my hon. Friend has made his concerns clear to us. There are two aspects of the matter. First, it is fair to say that the potential gains for Southend, which will come through in the end, must be set against the disruption to the losers in the process. It is fair to take a little longer so that the disruption is tolerable. Secondly, I can set my hon. Friend's mind at rest that all the formulae produced by the regions will have to come to my Department for approval and I shall ensure that they are fair.