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Lords debate on motion to take note of the report of the Regulators Select Committee on UK Economic Regulators (HL 189 2006-07). Agreed to on question.

Lead member
Lord McIntosh of Haringey
Answering member
Baroness Vadera
Department
Department for Business, Enterprise and Regulatory Reform; Select Committee on Regulators
Type
Debates on select committee reports
Date
3 April 2008
Reference
700 c1224-50
House
House of Lords

My Lords, I am grateful for this incredibly rich debate. We welcome the report into economic regulators. I understand that my noble friend Lord McIntosh has qualms, but I completely agree with the noble Baroness, Lady Wilcox, that he will be incredibly proud of this report in time. I am...

Member
Baroness Vadera (Labour)
Type
Proceeding contributions
Date
3 April 2008
Reference
700 c1245-9
House
House of Lords

My Lords, noble Lords would not thank me for detaining them at a time when they are anxious for the House to rise so that they can leave for a couple of weeks, so I will not do that. The classic job of the mover of the Motion in winding...

Member
Lord McIntosh of Haringey (Labour)
Type
Proceeding contributions
Date
3 April 2008
Reference
700 c1249-50
House
House of Lords

My Lords, it is a great pleasure to follow the noble Lord, Lord McIntosh. I begin by congratulating him on his extremely good and efficient chairmanship of our committee in what was a daunting task. He did it superbly. I also thank our clerk and our special advisers for all...

Member
Lord MacGregor of Pulham Market (Conservative)
Type
Proceeding contributions
Date
3 April 2008
Reference
700 c1229-33
House
House of Lords

rose to move, That this House takes note of the report of the Select Committee on Regulators on UK Economic Regulators. The noble Lord said: My Lords, it is with great pleasure that I open my remarks by thanking those who have taken part in the work of the Select...

Member
Lord McIntosh of Haringey (Labour)
Type
Proceeding contributions
Date
3 April 2008
Reference
700 c1224-9
House
House of Lords

My Lords, I declare an interest as a member of the Select Committee on Regulators, and I pay tribute to the excellent chairmanship of the noble Lord, Lord McIntosh of Haringey. He provided a cogent overview of our recommendations and, since our report was published, there have been important developments,...

Member
Lord Norton of Louth (Conservative)
Type
Proceeding contributions
Date
3 April 2008
Reference
700 c1235-8
House
House of Lords

My Lords, as the first speaker in this debate this afternoon who is not a member of the committee, I congratulate the committee and its chairman on the excellence and thoroughness of the report and on all the work that went into it. The Select Committee has given the economic...

Member
Lord Borrie (Labour)
Type
Proceeding contributions
Date
3 April 2008
Reference
700 c1233-5
House
House of Lords

My Lords, it is just as well to remind ourselves of the history of the development of regulation. It was a result of the privatisation of the industries. Most of the industries were transferred from the public sector to the private sector, almost debt-free. The companies who bought them borrowed...

Member
Lord Bradshaw (Liberal Democrat)
Type
Proceeding contributions
Date
3 April 2008
Reference
700 c1241-3
House
House of Lords

My Lords, I am pleased to be taking part in this debate. I congratulate the committee and my noble friend Lord McIntosh of Haringey on chairing it. It is a most excellent report. I gave evidence to the committee as chairman of the Rail Freight Group and I declare an...

Member
Lord Berkeley (Labour)
Type
Proceeding contributions
Date
3 April 2008
Reference
700 c1238-41
House
House of Lords

My Lords, I thank the noble Lord, Lord McIntosh of Haringey, for bringing to this House, if reluctantly, the report of the ad hoc Select Committee on Regulators on UK Economic Regulators. He obviously did not enjoy it; he was obviously embarrassed by doing it. The noble Lord is the...

Member
Baroness Wilcox (Conservative)
Type
Proceeding contributions
Date
3 April 2008
Reference
700 c1243-5
House
House of Lords