Professional Qualifications Bill [HL]
Debate between Baroness McIntosh of Hudnall and Lord FoxWednesday 9th June 2021
(2 years, 10 months ago)
Lords ChamberRead Full debate Professional Qualifications Act 2022 View all Professional Qualifications Act 2022 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: HL Bill 2-II Corrected second marshalled list for Committee - (9 Jun 2021)
The Deputy Chairman of Committees (Baroness McIntosh of Hudnall) (Lab)
My Lords, it appears that the noble Lord, Lord Fox, wishes to speak after the Minister.
Lord Fox (LD)
Thank you. I did send an email—it is probably lurking in the system. Coming back to the Minister’s assessment that the costs would be low, I am again looking at one of my noble friend’s favourite documents—the impact assessment. It is limited in scope but does have estimates of costs. The Government’s best estimate—this has the Minister’s signature on the front, so I assume that he agrees—is £18.2 million, the majority of which will be absorbed somewhere in the regulatory system. I suggest that that is not a small amount of money for the regulatory sector. Can the Minister calibrate what he just told us or explain how these two numbers meet up?
Economy: Update
Debate between Baroness McIntosh of Hudnall and Lord Fox(4 years ago)
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The Deputy Speaker
If that would establish a better connection, it would be very much appreciated, Lord Agnew. We will pause until you are able to do that.
The Deputy Speaker
Yes. As the Minister was not able to hear, the noble Lord should indeed ask his question again.
The Deputy Speaker
I will ask the noble Lord, Lord Fox, to repeat his question so that we can start again.
Lord Fox
I reiterate that I declare my interests as set out in the register. The point at which furloughing ends is of great danger for jobs because it will cause a huge drain on cash in businesses. Those businesses have to decide whether or not they will continue to employ people as soon as next month. They need to know that the Government understand this issue and will set up a more flexible way of unfurloughing workers so that they can do it gradually. Can the Minister acknowledge that this is understood and undertake to tell businesses what will happen very soon? They need to know.