The ceremony represents an important milestone in the single biggest capital project ever carried out at Oxford University. The ceremony included speeches by Mr Schwarzman; Professor Dame Louise Richardson, Vice-Chancellor of the University of Oxford; and Lord Patten of Barnes, Chancellor of the University of Oxford. I am delighted that the construction of the fabulous Schwarzman Centre for the Humanities is now underway. This centre will be transformative for the Humanities at Oxford and for the city, its residents and visitors. A schools and public engagement centre to bring schoolchildren in Oxfordshire into contact with Humanities research and researchers.