On that point about social enterprises, as Mr. Julian would be aware from his social enterprise, social enterprises are a sort of new and innovative way for charities to work today. The WE situation is different, not so much because of its relationship with a social enterprise but because the social enterprise is private and the social enterprise is owned by a different entity. Typically the social enterprise is owned by the same charity. It is an operating subsidiary rather than a separate entity.
I think in every other case where we have seen charities that have social enterprises, that social enterprise is public. It wouldn't be privately controlled by individuals.