I thank the right hon. Gentleman for his question, but would remind him that the economy has shrunk by 6%, and that was before the general election. Many, many people in the private and public sectors have already faced the devastating consequences of that. We are setting that right.
Will the Minister confirm that there will be many opportunities for economic development in York and North Yorkshire, which have suffered owing to the mass investment in places such as Boeing in Sheffield, under the local economic partnerships?
I hope that each local economic partnership will be a focus for growth, jobs and development. Obviously there is competition, but we need every part of the country to grow quickly, to get back to the level of prosperity that we should have.