Q191 Chair: Ed, very quickly.
Ed Humpherson: A point of clarification to Mr Barclay's questions. There are different regulatory requirements for the assets that can be held by insurance companies and pension funds. They are set by a European Union directive called Solvency II, and those institutions tell us that that does affect the attractiveness of PFI assets for them to hold.
Q192 Chair: It does?
Ed Humpherson: It does indeed affect; it does act as an impediment.
Chair: Right. Well, thank you very much indeed, and can I just commend you for the way that you've given evidence this morning. I think it's been really very helpful: very thorough, straight and to the point, and honest. Thank you very much indeed; it's been a really good evidence session.