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Proceeding contribution from Lord Desai (Labour) in the House of Lords on Wednesday, 2 May 2007. It occurred during Debate on bill on Statistics and Registration Service Bill.


Statistics and Registration Service Bill

Before the noble Lord withdraws the amendment, let me say one thing. If it is to be reported, that should be done in camera or in a confidential way. Parliament ought to know it, but I am not sure that the whole world needs to know. There is no true measure of inflation anywhere in the world. The best experts can take a view on it; other experts can take a different view. In cases where there are problems, the Statistics Board should report them. I do not want it to keep it secret, but I want that reported in such a way that Parliament can know about it but can restrict the release of that information. All kinds of negative interpretations can be put on matters which are completely technical, and that will cause problems. The market can know something but it knows it eventually rather than immediately, so you will cause fluctuations.


Secondary information

Type
Proceeding contribution
Reference
691 c1118 
Session
2006-07
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Codes of practice Finance Government departments European communities Financial markets Staff Office for National Statistics Statistics United Nations Retail prices index Information Commissioner's Office UK Statistics Authority
Legislation
Statistics and Registration Service Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk