I thank the Prime Minister for giving way. He visited St Albans and found it fabulous, but my St Albans private schools, including one of the oldest in the country, are hugely worried about the asset grab proposed by the Leader of the Opposition. Will the Prime Minister give all private schools the reassurance that they will not be just the first of the charitable organisations whose assets will be under attack from the Leader of the Opposition?

I am grateful to my hon. Friend. Of course, that is not the only act of wanton expropriation—theft by the public sector of the private sector—that is envisaged, because Labour wants a massive £196 billion programme of nationalisation. That is the destruction that it would wreak on the UK economy.