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I will pick up on the point that Daniel Johnson was making about the net zero funds. What impact will there be on the climate change targets that the Government has set? There is seemingly a lack of demand for the funds, and they have been cut twice in the past two updates.

Is it a matter of people not knowing about the schemes? There are huge sums involved. Surely there must be some analysis on why uptake is nowhere near what you expect.

Okay. I guess that those costs are for running the yard. They are not costs that we will get back from the building of the two vessels. Those are separate, are they not?

Because they cannot be depreciated later.

There are two things: the £44 million of capital being transferred

“from Major Public Transport Projects to Rail Infrastructure”

and the £15.5 million

“of capital budget being transferred ... to Rail Franchise”.

What will the lack of demand mean for your net zero targets?

It would be good to know, as it seems quite handy that uptake is not as it should be, which means that you can balance your budget.

Let me return to Ferguson Marine. I think that Daniel Johnson mentioned a total cost of £202.6 million to complete the work, and I think you said that that was from when the yard came into public ownership. Is that correct?

Can you give us a breakdown for those two things?

Was that for the former head of—I cannot remember what he was called now. Was it for the turnaround director? Is that what those costs are for?

Why would we write that funding off?