We have had five productive rounds of negotiations to date and have agreed a significant proportion of the legal text across multiple chapters.

I have just outlined where we are to date in terms of how much has been written and agreed to. I am sorry that the hon. Gentleman did not congratulate my right hon. Friend on having started discussions on section 232 and the announcement that was made yesterday by the Administration. He will know that we are concurrently negotiating memorandums of understanding with states. These things can only be done at state level; I am talking about regulated and regulator discussions, mutual recognition of qualifications and so forth, which will reduce massively the cost of doing business with the United States. We are making good progress on that twin-track approach.