My hon. Friend comes from the same neck of the woods as I do, and I am very aware of businesses in the black country that are exporting and have found life difficult because of tightening credit conditions. I am keen that we should move on with the proposal on confirmation of letters of credit—consult on it and get it implemented as quickly as possible. The business community has asked for the scheme and it will be of benefit. Obviously, however, there will be a consultation and we want to hear the responses to it.