If we take Mr Goldsmith's commentary to its logical conclusion—he almost said it himself, in fact; he believes that we become more competitive by having a lower wage economy. That is not the policy and that is not the vision of this Government. The most effective, competitive, innovative, and dynamic economies around the world invest in their workers. This Government has a policy programme under way that is about making us a more innovative and productive economy: our work with regional skills leadership groups, our work driving local economic development through infrastructure provision, our work boosting apprenticeships to record levels, our work reforming the vocational education system are all about driving those outcomes.