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Police Reform and Social Responsibility Bill

Would the noble Lord care to answer one thing? Will he comment on why the previous Labour Government, against what I would have thought were all their natural instincts, chose to confer on the City of London Corporation the right to have elections for democratic representation in the City, in which all businesses in the City were allowed to have a vote that was calculated in a particular way? Indeed, they pressed the Corporation to go down that route. Was it really not because there was a recognition that the City at large worked extraordinarily well and that fiddling around with it was not a very profitable use of time, not least in the context of the City of London's success?