In considering whether sanctions will have teeth, it is important to take into account that the Iranian economy was already in Significant Crisis before the revolution.

NATO will remain the sole organisation for collective defence in Europe, and NATO will be the organisation to which we expect to turn for Significant Crisis-management operations - certainly when Europeans and north Americans intend to act together.

We are committed to continuing our developmental, political and military assistance to the Nepalese Government and the United Kingdom is taking the leading role in co-ordinating support to Nepal in this time of Significant Crisis.

There is a Significant Crisis, notwithstanding some of the improvements I mentioned.

Although I congratulate the Government on putting in another £9 million, that was in May, and the question is whether we will have a far more Significant Crisis on our hands by the time that money is available on the ground.

A Significant Crisis is now spreading down into British industry.

This is an interesting amendment to consider because we are dealing with a Significant Crisis.