Jerome Mayhew

I am sorry that the hon. Member was not in his place throughout the course of the debate, as he would have heard that a franchise is not a normal contract. Under an enhanced partnership or a standard operating contract, that is exactly so: a contract is let and the commercial risk lies with the provider. The challenge with franchising is that the commercial risk is transferred 100% to the taxpayer, because the local transport authority is no longer letting a commercial contract; it is buying in services for a price, with the commercial risk lying with the taxpayer. That is the crucial difference. I am glad that the hon. Member put his finger on that, because I am as worried as he is about it. Finally, I will mention the comments of the hon. Member for Brighton Pavilion (Siân Berry). We do not agree on many issues, but I do agree with her on this. She said that a lot of good amendments were tabled by Opposition parties—certainly three parties; there were sadly none from Reform, which would not know a transport policy if one got up and slapped it in the face. The hon. Lady came up with some good ideas, and even the Liberal Democrats came up with something or other. As for the Conservatives, we came up with good idea after good idea, yet until now they have all been rejected by the Government. I look forward to the Minister’s response and to his concession on all those good ideas.