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Health Bill [HL]

This has been a useful debate and I thank all those who have taken part in it. I am grateful to the Minister for his reply. I was not concerned that the independence of Monitor was being interfered with within the framework of its current responsibilities; that was not the focus of my remarks. I am concerned that the Government have not looked creatively enough at the alternatives. I do not know what has led them to conclude that an insolvency regime would be less likely to deliver good value for money for the taxpayer than the alternatives—perhaps we can go into that—but for those who do business now with foundation trusts it is clear that there will be no such thing as an unsecured creditor.