Committee on Standards (Lay Members)

Peter Bone Excerpts
Thursday 13th December 2012

(11 years, 11 months ago)

Commons Chamber
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Viscount Thurso Portrait John Thurso (Caithness, Sutherland and Easter Ross) (LD)
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I beg to move,

That, in accordance with Standing Order No. 149A, Mr Peter Jinman, Mr Walter Rader and Ms Sharon Darcy be appointed lay members of the Committee on Standards.

In December 2012, the House endorsed a recommendation from the Committee on Standards in Public Life that the Committee on Standards and Privileges should include at least two lay members who have never been parliamentarians. The proposal was supported by the Committee on Standards and Privileges, whose then Chair, the Parliamentary Secretary to the Treasury, my right hon. Friend the Member for North West Hampshire (Sir George Young), suggested it to the Committee on Standards in Public Life.

The Procedure Committee was asked to consider how that recommendation might be best implemented. It recommended that the Committee on Standards and Privileges should be divided into two, and that the lay members should sit only on the Committee responsible for standards. If the House accepts the nominations today, the two new Committees will come into existence on the first sitting day in January, following on from Kathryn Hudson taking up her appointment as the new Parliamentary Commissioner for Standards on 1 January.

The lay members will not be co-opted as full voting members of the Select Committee. There was some doubt over whether a committee partly composed of non-members with equal voting rights would in law be a parliamentary Committee and thus entitled to the normal protections of parliamentary privilege. Draft legislation to permit the House to give lay members of the Committee on Standards the power to vote is included in the Government’s Green Paper on Parliamentary Privilege, which has been referred to a Joint Committee of both Houses and is due to report in April next year.

The lay members will participate fully in evidence taking and the consideration of draft reports, although they will not be able formally to move amendments or take part in any votes. There will be two specific protections for their position. The first is that the Committee cannot conduct any business unless at least one lay member is present. The second is the requirement that any written opinion of a lay member present at the relevant meeting on a report agreed by the Committee must be published as part of that report.

The process of recruiting the lay members fell to the House of Commons Commission. The posts were advertised on the parliamentary website through the outreach service, with a search by recruitment consultants and through Twitter. There were 86 applicants for the post, reduced through sifts and interviews to a short list of 12 for interview. The interviews were undertaken in September 2012 by a board that included the right hon. Member for Rother Valley (Mr Barron), Chair of the Committee on Standards and Privileges, John Horam, who is now a member of the Electoral Commission, an external assessor and senior officials.

That board put forward six candidates for final interview in October 2012 by three members of the Commission: the Leader of the House, the hon. Member for Aberdeen North (Mr Doran) and me. On the basis of our assessment, the Commission agreed to make the following three nominations to the House this afternoon: Sharon Darcy, who is a member of the national board of Consumer Focus and a board member of the National Employment Savings Trust; Peter Jinman OBE, who is a former president of the Royal College of Veterinary Surgeons; and Walter Rader OBE, who is independent chair of the Youth Council for Northern Ireland appeals panel.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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I am grateful to my hon. Friend for making a clear statement. However, will he tell the House what sort of hours those people will be expected to work and what their remuneration will be?

Viscount Thurso Portrait John Thurso
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My hon. Friend anticipates my next two points. Let me deal with them in order, and if he is not satisfied, he can have another go.

Brief CVs of the candidates are set out in the paper that is available in the Vote Office. The Commission believes that, together, the three candidates represent a combination of experience and qualities that should increase public confidence in the robustness and independence of the House’s disciplinary process. The appointments will initially run until the dissolution of Parliament at the next general election, but they can be extended for up to two years in the new Parliament. Once appointed, a lay member could be dismissed only following a resolution of the House.

The Committee’s work load is variable and it is not yet known what exactly it will be. The lay members will therefore be remunerated on a daily rate for each day worked. That rate is to be £300 per day plus any modest travelling expenses.

Business of the House

Peter Bone Excerpts
Thursday 13th December 2012

(11 years, 11 months ago)

Commons Chamber
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Lord Lansley Portrait Mr Lansley
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The hon. Gentleman will be aware that schools must make arrangements for access to sporting facilities, including sport outside and in the open air, which is important. I very much share his view: we know that there are long-term health benefits associated with giving children access to green space, not just in the countryside, but in urban areas and new developments. As Secretary of State for Health, I had conversations directly with, for example, Natural England about precisely these issues, which have also formed part of our work in the coalition on finding ways to deliver our public health objectives right across Government. Using their new public health responsibilities, local authorities will be able to combine that work with their planning responsibilities in a helpful way.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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May we have an urgent statement from the Leader of the House on how he plans to deal with the redefinition of marriage Bill? As I understand it, his plan is for it to have its Second Reading in the new year, right at the end of the Session. The Bill was not in the Queen’s Speech or in any party’s manifesto. It is unique to bring in a Bill in this way. Will he guarantee to the House that he will introduce it in the next Session, after it has been announced in the Queen’s Speech, and that its Committee stage will be held on the Floor of the House?

Lord Lansley Portrait Mr Lansley
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I can give my hon. Friend a statement on this point. It is our intention to introduce the equal marriage Bill in the new year. The situation is not remotely unprecedented: we have recently introduced a number of pieces of legislation that were not anticipated in the Queen’s Speech. Our intention is to introduce legislation, based on the response to the consultation, and I am sure that when we do so, he and many other Members will find it helpful to enable the House to express its view on how we can ensure equal access to civil marriage in this country.

Business of the House

Peter Bone Excerpts
Thursday 6th December 2012

(11 years, 11 months ago)

Commons Chamber
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Lord Lansley Portrait Mr Lansley
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The hon. Gentleman will know how my right hon. and learned Friend the Attorney-General has sought to act as quickly as he can, as he has explained. I am sure that when he has anything further to add, he will make the House aware of it.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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The lady in my house says that it is always a miracle getting to a wedding anniversary. Does the Leader of the House agree with me that section 1.2.a of the ministerial code calls for the “principle of collective responsibility” to apply to “all Government Ministers”? May we have a statement next week from a Conservative Minister explaining what it means to Conservative Ministers and a statement from a Liberal Democrat Minister to say what it means to Liberal Democrat Ministers?

Lord Lansley Portrait Mr Lansley
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It would be rather easier to reply to my hon. Friend if he asked a question rather than making an allusion.

The principle of ministerial collective responsibility is precisely as it has always been. Ministers speak on behalf of the Government, and, as my hon. Friend knows perfectly well, if it is clear that Ministers have not had an opportunity to complete their scrutiny of an issue, in the circumstances of a coalition Government it is entirely proper for Ministers—more than one Minister; in this case, the Prime Minister and the Deputy Prime Minister—to reflect ongoing considerations within the Government. It is an accurate reflection of the policy of the Government at that time.

Business of the House

Peter Bone Excerpts
Thursday 29th November 2012

(12 years ago)

Commons Chamber
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Lord Lansley Portrait Mr Lansley
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The right hon. Gentleman will have noted when I announced the forthcoming business that the Backbench Business Committee has allocated time next Thursday for a debate on defence personnel. I completely understand that the breadth of issues that will need to be encompassed in that debate is very wide, but he might recognise that there is an opportunity there, not least to recognise past service.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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Later today we will have what I think is a unique event. The Deputy Prime Minister, whose main responsibility is to support the Prime Minister, will make a statement opposing the Prime Minister. Will the Leader of the House make an urgent statement so that the Deputy Prime Minister knows from which Dispatch Box he is to speak?

Business of the House

Peter Bone Excerpts
Thursday 22nd November 2012

(12 years ago)

Commons Chamber
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Lord Lansley Portrait Mr Lansley
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I am grateful to my hon. Friend for raising that. Hon. Members have often asked me about it, and I could quite properly say nothing about it that would be prejudicial to continuing contract negotiations. But now that the contract has been won, I am pleased to say that we can really celebrate the fact that the Post Office has won it. I think Members across the House will appreciate it, and as we made clear in the past, it allows us to ensure that the Post Office can not only secure business from Government, but maintain its offer of business in many communities across the country that were threatened under the last Government.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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May we have an early debate on the Charity Commission in England, with a view to reviewing the Charities Act 2006 to ensure that previously accepted religious charities, such as the Plymouth Brethren, are not threatened with the removal of their charitable status?

Lord Lansley Portrait Mr Lansley
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I will, of course, discuss the matter with my right hon. Friend the Secretary of State for Culture, Media and Sport. I have had occasion to meet, by way of example, members of the Plymouth Brethren in my constituency, who have raised these issues with me, and I will of course discuss them with my colleagues.

Business of the House

Peter Bone Excerpts
Thursday 13th September 2012

(12 years, 2 months ago)

Commons Chamber
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Lord Lansley Portrait Mr Lansley
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I was very impressed by the announcements that were made just before the summer on the future rail network, which were substantial and wide-ranging. I do not know the answer to that particular question, but I will ask my right hon. Friend the Secretary of State for Transport to respond.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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May I congratulate the Leader of the House on how he has answered all these difficult questions? May I ask him a gentle and easy one? Will he confirm that, as is political convention, the only business on tomorrow’s Order Paper will be private Members’ Bills?

Lord Lansley Portrait Mr Lansley
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So far as I am aware, yes.

Oral Answers to Questions

Peter Bone Excerpts
Thursday 13th September 2012

(12 years, 2 months ago)

Commons Chamber
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Maria Miller Portrait Maria Miller
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The hon. Gentleman outlines some of the options that may be taken forward. What we have to do at this stage is ensure that the inquiry runs its course. Those both within and outside the House have noted in great detail the evidence that has been given, and we will need to look at the report in detail.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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Does the new Secretary of State agree with the Prime Minister that successive Governments have got too close to the media? Does she also agree that this Government, like previous ones, are still leaking information to the press before statements are made to Parliament? Should that not end immediately?

Maria Miller Portrait Maria Miller
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My hon. Friend is absolutely right. All Secretaries of State would want to ensure that the House is kept informed first and foremost. In you, Mr Speaker, we have somebody who we know keeps an eye on that very closely.

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Lord Lansley Portrait Mr Lansley
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As the House will know, I have the greatest admiration for the reforms introduced by my predecessor, including the creation of the Backbench Business Committee, which has provided substantial opportunities. The hon. Lady rightly drew attention to the Government’s commitment in the coalition programme, and I look forward to constructive discussions about it.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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The Leader of the House could improve the quality of scrutiny immediately by making the post of Chairman of the Committee of Selection an elected post. Would it not be totally absurd if an independent Chairman of that Committee were replaced overnight by a former Whip?

Lord Lansley Portrait Mr Lansley
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Again, I pay tribute to my predecessor. The introduction of elections to membership of Select Committees represents a considerable step forward in terms of Members’ ability to determine the shape of decision making in the House. However, it is also important for the Committee of Selection to reflect the interests of the parties—

Peter Bone Portrait Mr Bone
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Of the House.

Lord Lansley Portrait Mr Lansley
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Both sides of the House have an interest in getting business through, as well as respecting the rights of Back Benchers.

Parliamentary Commission on Banking Standards

Peter Bone Excerpts
Monday 16th July 2012

(12 years, 4 months ago)

Commons Chamber
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Lord Mann Portrait John Mann
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My hon. Friend makes the point that I have been stressing—that we do not know and cannot predict them, but we know that there will be a lot more scandals emerging, as we are only seeing the tip of the iceberg at present. [Interruption.] I appreciate that this is not good listening for those hon. Members trying to work out how to respond to this, but if this House is to set up arbitrary ad hoc committees at random every time there is a problem, it will potentially undermine itself. Which Select Committee will be next to give away some of its powers to an ad hoc committee? Is this the appropriate way to determine such matters?

If some of the powers set out in the motion were reinforced not just in respect of the Treasury Select Committee but of other Select Committees, that would reinforce the scrutiny of this House over what goes on both in government and in the country, so there are some good proposals here. The good proposals, however, are bespoke to this particular Commission—for example, the ability to call in a QC and the ability to take evidence on oath. If they are good enough for this new Commission, they should be made available to any Select Committee looking at any issue. The House is ducking this problem.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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I think the hon. Gentleman is making some powerful and important points. Does he share my surprise that the Treasury Select Committee was not given this role? He is absolutely right: these powers should be given to all Select Committees to make Parliament more powerful.

Lord Mann Portrait John Mann
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I take the hon. Gentleman’s point and I agree with him, but I do not intend to go through all the previous debate on this issue—interesting though it would be to do so—because I am sticking to the detail of what is in front of us, however badly worded it is. There is, however, clearly a case for saying that if the Treasury Committee had been allowed to carry on this work, it could have done so as effectively as this Joint Committee. I am sure that the five Members from the House of Lords who are as yet unknown and unnamed will bring great wisdom to this Joint Committee, but if the House of Lords wants to look into matters, it can look into them. This is the elected Chamber, and for this elected Chamber to hand over some of these powers of scrutiny to an unelected Chamber seems a retrograde step, which will come back to haunt us in future.

Once a precedent has been established and it suits the Government, it is likely to happen again—and this was a Government initiative. I am rather surprised that the Opposition Front-Bench team, perhaps looking forward to being in government themselves, have been seduced into accepting this way of undermining the historic, developed and improving role of this House to scrutinise. That, I think, is partly what is at stake here, if this becomes the way of doing business in this House.

I do not see how a Select Committee, denuded of half its members, can in any way work as effectively as a Select Committee operating with all its members. That is the reality of what will happen, and we need to be aware of the unintended consequences that might come from a potential eurozone crisis and other problems emanating from Europe that conflict across the work of this Joint Committee—and are wrongly not referred to within it—because proposals from Brussels are, rightly or wrongly, a fundamental part of the equation, affecting decisions made by this House and by the banking industry in this country and across the world. That aspect has been ducked by the creation of the Commission, which will create unhealthy confusion in the debate.

What should have happened? The remit given to the investigation, which should have been carried out by the Treasury Committee, should have been far broader—[Interruption.] An hon. Gentleman says “Boring” from a sedentary position, but this is not boring. For example, seven investment banks colluded to rig the price of the Kraft takeover of Cadbury’s. That is the real scandal that underpins the profits in investment banking. In some areas, there is ferocious competition, but in the vast majority of investment banking, there is no competition whatever. That is the scandal that created the culture that led to the LIBOR rigging. An investment bank called in by a company to advise on a sale or takeover has so much knowledge of the workings of the company that it has the ability to manipulate the market to determine how things will go. That is the fundamental weakness in the system of investment banking. The implications for British manufacturing and manufacturing elsewhere in the world—

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Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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It is a great pleasure to follow the hon. Member for Foyle (Mark Durkan), who is always worth listening to, but I have to say that on this occasion I disagreed with many of the points he made. I think that this is a chance for Parliament to assert itself. I think that it is a new adventure for Parliament. If the Commission is successful—if it produces a report that is unanimous and not split along party lines, and if it uses all the additional powers that it is being given—that will be a great step forward, and the arrangement may be repeated in the future. I take a much more optimistic view than the hon. Gentleman. The fact that so many Members are in the Chamber late at night shows how interested they are in the issue.

I have just two questions to put to the Leader of the House. One concerns paragraph (3), which names the members of the Commission. I am not sure how they were selected. I would have found it understandable for all the members of the Treasury Committee to be members of the Commission, because they were elected to their positions, but how did these particular names come to be here? Certain other Members’ names are not here although perhaps they should be. I am surprised, for instance, that a certain lady Member’s name is not included. Was it purple smoke, or was it, as I fear, the usual channels? Perhaps the Leader of the House could clear that up.

I welcome the Leader of the House’s announcement of an open-ended commitment from the Treasury to provide money for the counsel to the Commission. Does he hope, like me, that the counsel will act rather like a congressional committee and will grill the witnesses, and that members of the Commission will then be able to ask questions? I think that if we set up that sort of arrangement, we shall be moving Parliament forward.

Lord Beamish Portrait Mr Kevan Jones (North Durham) (Lab)
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Let me begin by reiterating the point made by my hon. Friend the Member for Wallasey (Ms Eagle), who said that we had voted for a judge-led inquiry. We are setting an onerous task for the Commission. I think it was my hon. Friend the Member for Bassetlaw (John Mann) who said that it would be looked at very closely by members of the public, who now have very little faith in our banking system, whether because of national scandals or because of their dealings with their own local banks.

The terms of reference are set out clearly in paragraph (1)(a), which mentions the

“professional standards and culture of the UK banking sector”.

I should be interested to know how “culture” is defined in the context of banking. Does it refer only to banks, or to building societies as well? We should bear it in mind that the banking industry consists of not only high-street chains but, for instance, mutual societies. Will they be included in the Commission’s investigation?

LIBOR was the catalyst for the establishment of the Commission. Paragraph (1)(b) refers to

“lessons to be learned about corporate governance, transparency and conflicts of interest, and their implications for regulation and for Government policy”.

You pulled up my hon. Friend the Member for Bassetlaw on the issue of corporate governance, Mr Speaker, and I accept your ruling. However, many of the matters that the Commission will consider will not relate purely to banking. As my hon. Friend said, they will relate to lending and takeover bids for companies. Will the Commission look into the culture of, for example, the Kraft takeover, which my hon. Friend mentioned? If it restricts its consideration to the banking sector, will not the inquiry be of limited use, not just in view of the vehicles involved in events such as the Kraft takeover but—I hasten to add—in view of some of the things that have been going on in local government? I have raised the issue of the refinancing of Newcastle airport, for example, which was a huge scandal in the north-east two years ago. That was driven by the idea that we could get a better deal for the local council tax payer by refinancing. In fact, it got them a worse deal. Will the Commission look at such situations?

Turning to transparency and governance, Government Members had strong opinions about private finance initiative deals when they were in opposition, and they still hold to those views now. Will such financing arrangements fall within the remit of paragraph (1)(a) and (b), as they are clearly part of a new culture that has emerged, and they are a new mechanism for funding Government policy? Paragraph (1)(b) refers to

“implications for regulation and for Government policy.”

Would today’s announcements on the investment in the railways fall within the remit? That is being financed in part through Network Rail, which is a completely separate organisation and is off the Government balance sheet. The Commission’s remit could lead to such areas being investigated. There are some wider implications here, therefore, and it will be interesting to see if the Commission resists going down certain paths. If we do not have a full inquiry that looks at all these areas, the public may well think we are just concentrating on a small part of the banking and finance industry, when there are many other concerns that directly affect them, too.

I have great respect for the Chair of the Treasury Committee, the hon. Member for Chichester (Mr Tyrie), who will chair this Commission, but the hon. Member for Wellingborough (Mr Bone) mentioned the absence of any women on the nomination list from this House. Are we saying that there are no able hon. Ladies from either side of the House who could sit on this Committee? We have in the past tried to ensure that all Committees in this House included women Members. This is an omission, therefore. It may be possible that all the members from the House of Lords will be men, too. We would therefore have a Committee made up entirely of males, which would be very wrong. It would be right to include a certain—female—member of the Treasury Committee on the Commission. Obviously that hon. Lady did not fit the loyalty criteria set by the usual channels, however. Her inclusion could have been useful, especially in the light of her previous life in the banking industry.

We are going to agree this motion tonight when we do not know who the Lords members of the Commission will be. I agree with the position of my hon. Friend the Member for Bassetlaw: this is a slippery slope as we are agreeing to have a Joint Committee to scrutinise and make recommendations with some members who have never been elected—and some of whom are, perhaps, unelectable.

Another interesting question is what the powers of this Commission will be. Paragraph (7)(a) states that it will have the power to

“send for persons, papers and records”.

What will happen if an individual says, “No”? Will the Commission have the full powers of Parliament to enforce its will in this regard?

It is also stated that witnesses will be under oath, and also that the Commission will be able to appoint special advisers. That is very important in respect of the expertise it will bring to the Commission. There is a question to be asked about a possible declaration of interests by those individuals, however. Many of the people who have expertise in this field will have had direct involvement in the culture that this Commission will be examining. So what will be the restrictions on the appointment of those advisers in respect of either their past lives or any future involvement they may have? That needs to be spelt out from the beginning. We need to make sure that they have not got their fingers in any of the pies that this Commission is investigating.

I do not wish to cast aspersions on any members of the Commission from this House, but we do not know who its members will be from the other House. How are we to define declarations of interest? Are these interests that those individuals hold now or in previous lives? If they are commercial interests, that will raise questions about the impartiality of those individuals, and anything that does that will damage the Commission from the outset.

Paragraph (7)(d) has already been mentioned. It states:

“to invite specialist advisers (including Counsel appointed as specialist advisers) to examine witnesses”.

I am not sure what that means. The normal procedure that Select Committees follow is that the members ask the questions, and questions and briefing notes are clearly written in advance by advisers. This arrangement, however, is very different. This is about having special advisers being able to cross-examine witnesses. So what is the status of those individuals? As the hon. Member for Wellingborough has said, that is a huge change from the way in which Select Committees have operated in this House. When I served on the Select Committee on Defence we had some very able advisers, but the idea that they would cross-examine witnesses is a strange one. We need clarification on that matter.

What about specialist advisers and conflicts of interest? If they are going to be counsel, we need to ask whether they have ever acted for banks or financial institutions. Would that debar them from being appointed as an adviser to the Commission? It is important that we have those things laid out clearly right at the beginning. I do not think it is right to leave them up to the Committee or the Chair to determine. [Interruption.] Government Members may well think that this is frivolous, but to many of our constituents it will be very important, in terms not only of how their money is looked after, but of trying to get credibility back into a sector that is vital to this country’s economy. This is very important in terms of making sure we get it right and of the reputation of the Members of this House who are going to be serving on the Commission.

The other thing I wish to discuss is how the Commission is going to be financed. Paragraph (13) says that

“the costs of the Commission shall be assessed by the House of Commons Commission from time to time and shall be paid by Her Majesty’s Government for the credit of the House of Commons (Administration) Estimate.”

We all know that, if someone wants to control the activities of a committee or any organisation, they can starve it of money. Are we saying that this Commission has a blank cheque? Unless it has, the Government will be able to starve it of money and limit the scope of its activities.

Paragraph (7)(e) states that the Commission can

“adjourn from place to place”.

If a lot of foreign travel is involved, as may well be the case, that will create an expense. Who makes the determination on that in terms of the work the Commission does? Will the Treasury at some point try to limit it by saying, “I am sorry, but you have spent too much and so you cannot undertake that foreign travel or employ that expert witness to interrogate and produce the report”?

There are a lot of—[Interruption.] The hon. Member for Ealing Central and Acton (Angie Bray) is chuntering from a sedentary position, but she has only just come into the Chamber. I know that she did not have a very good week last week, but I wish her all the best for the future.

The financing of the Commission will be very important, so we need some assurance that we will not have interference by Government in the Commission’s work by stealth—that is, by starving it of the resources it needs.

Peter Bone Portrait Mr Bone
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The hon. Gentleman is making serious points about parliamentary scrutiny, and it is great that so many Government Members are present to support him. Does he welcome this new initiative? If there is unlimited funding, if there can be counsel and if the Commission can cross-examine in the same way as congressional committees, is that not a good thing?

Lord Beamish Portrait Mr Jones
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It is—[Hon. Members: “Ah!] Hon. Members have not heard what I am going to say yet. I agree with the hon. Gentleman, but we have seen this problem with Select Committees, whose travel was limited in the previous Parliament, hampering their work. As the Commission will be subject to the Government’s decision on whether they can fund it or not, that is a very important point. If the situation will be that suggested by the hon. Gentleman, we should have the same arrangements for Select Committees. That would ensure that Select Committees could not only employ the proper advisers—and perhaps more of them—and see expert witnesses but undertake the detailed travel that is sometimes required.

My other concern is paragraph (12)(b), which concerns the setting up of sub-committees. There is no detail about how sub-committees will be set up or about their composition. Paragraph (12)(b) states that a sub-committee will have a quorum of one, but how big will the committees be?

I am very uncomfortable with the idea of a sub-committee of one person making decisions or taking evidence. It should include at least one person from each House: a Member from this House and one from the other House. Likewise, on the question of political balance, it could include a Government Member and an Opposition Member. If we are going to have sub-committees, surely it would be right to increase the quorum to at least two, one from each House, and, potentially, to try to get political balance.

There are many provisions in the motion that prompt many questions. The hon. Member for Wellingborough made a very good point, in that it sets a lot of precedents and, I hope, sets a way forward that Select Committees can follow to draw down more resources and increase their powers.

I also want to raise the issue of the Commission’s reports. The motion states that it will

“report from time to time.”

Who will decide? If the Commission as a whole decides to produce interim reports or short reports throughout its life, some of them will be very market sensitive. Will not the Commission have to be very cautious in what it releases? I am sure that many finance houses, banks and other parts of the financial sector will be looking very closely at what the Commission recommends, and it could affect the share prices of those organisations. There is no guidance in the motion about how those reports should be produced, according to what time scale and for what reasons.

The other question that was mentioned earlier is whether we are happy now that we have basically set up a new type of Select Committee. Personally, I am not. I think that this inquiry would have been far better done by the Treasury Committee. Obviously, those on the Front Bench from my own party argued strongly for a judicial-led inquiry, which was the right approach to get confidence in the banking system. In the absence of such an inquiry, the Treasury Committee would perhaps have been a better vehicle. I worry about the precedent that this sets and whether it will allow the Government of the day to dictate to Select Committees or hybrid Committees. That goes to the heart of the independence of those Committees and their accountability to Parliament. The Commission will have a huge job to do and I wish it well in its deliberations, but we should undertake a serious examination of the new system and the precedent that that sets for our Select Committees.

Question put and agreed to.

Ordered,

(1) That a Committee of this House be established, to be called the Parliamentary Commission on Banking Standards, to consider and report on—

(a) professional standards and culture of the UK banking sector, taking account of regulatory and competition investigations into the LIBOR ratesetting process;

(b) lessons to be learned about corporate governance, transparency and conflicts of interest, and their implications for regulation and for Government policy;

and to make recommendations for legislative and other action.

(2) That Mr Andrew Tyrie be Chair of the Commission.

(3) That Mark Garnier, Mr Andrew Love, Mr Pat McFadden and John Thurso be members of the Commission.

(4) That the Commission have leave to join with any committee appointed by the Lords to consider the said matters.

(5) That the Commission may hold meetings under the provisions of paragraph (4) of this order at any time after the Lords has agreed to appoint a committee.

(6) That the Commission shall, except as provided for in this order, follow the procedure of a select committee of this House.

(7) That the Commission shall have power—

(a) to send for persons, papers and records;

(b) to examine witnesses on oath;

(c) to appoint specialist advisers;

(d) to invite specialist advisers (including Counsel appointed as specialist advisers) to examine witnesses;

(e) to adjourn from place to place;

(f) to sit notwithstanding any adjournment of the House; and

(g) to report from time to time.

(8) That the Commission shall have power to appoint sub-committees to consider matters specified by the Commission within the terms of this order and a subcommittee shall have—

(a) the powers in paragraph (7)(a), (b), (e) and (f); and

(b) the power to invite specialist advisers appointed by the Commission (including Counsel appointed as specialist advisers) to examine witnesses;

and the quorum of a sub-committee shall, subject to paragraph (12)(b), be one member of this House.

(9) That the Chair may report to the House an order, resolution or Special Report as an order, resolution or Special Report of the Commission which has not been agreed at a meeting of the Commission if he is satisfied that he has consulted all members of the Commission about the terms of the order, resolution or Special Report and that it represents a decision of the majority of the Commission.

(10) That the quorum of the Commission shall be two members of this House.

(11) That, whenever this House shall stand adjourned other than to the next day, any report, Special Report, order or resolution agreed to by, or evidence taken or received by, the Commission, including any under paragraph (9) of this order, may be published or printed under the authority of this House, shall be deemed to have been reported and shall be reported when this House next sits.

(12) That, when the Commission operates under the provisions of paragraph (4) of this order, the following provisions shall apply—

(a) the quorum of the Commission shall be two members of this House and two members of the House of Lords;

(b) the quorum of any sub-committee shall be one member from either House;

and

(c) the power of the Chair to report under paragraph (9) may also be exercised with the Chair’s agreement by a member of the Commission who is a member of the House of Lords.

(13) That the costs of the Commission shall be assessed by the House of Commons Commission from time to time and shall be paid by Her Majesty’s Government for the credit of the House of Commons (Administration) Estimate.

(14) That the Commission shall report on legislative action no later than 18 December 2012 and on other matters as soon as possible thereafter.

(15) That a message be sent to the House of Lords to desire their concurrence.—(Sir George Young.)

Business of the House

Peter Bone Excerpts
Thursday 12th July 2012

(12 years, 4 months ago)

Commons Chamber
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Lord Young of Cookham Portrait Sir George Young
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I will certainly ensure that the Palace is aware of the hon. Gentleman’s suggestion. He will know that in the last quarter, youth unemployment was down by 29,000, and I hope very much that we can maintain that downward trend. He will also know that there are a range of initiatives on apprenticeships, the youth contract and the Work programme, which we hope will further reduce the rate of youth unemployment.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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I know how much the Leader of the House hates programme motions because on constitutional matters when in opposition he always voted against them. May I make a suggestion that will be helpful to him, the Chief Whip and Parliament? The problem on Tuesday night was not caused by the programme motion; it was because there was not a business of the House committee. If there had been such a committee, with members who were not part of the Executive or the shadow Executive, it would have made time available. Surely in September we should bring in a business of the House committee, and that would solve all the right hon. Gentleman’s problems on programme motions.

Lord Young of Cookham Portrait Sir George Young
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I am not sure that my hon. Friend has got that one absolutely right. The Wright Committee recommendations make it absolutely clear that the Government have an entitlement to get their business through. My hon. Friend’s suggestion is that the Government’s business should be subjected to a regime that might put at risk the likelihood of the Government getting their Bills through. It was always envisaged that the House would set up a Backbench Business Committee, which we have done, but it was always recognised that the Government should be entitled to get their business through.

House of Lords Reform Bill

Peter Bone Excerpts
Tuesday 10th July 2012

(12 years, 4 months ago)

Commons Chamber
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Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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The hon. Lady is making a powerful point, but it should not be up to the Executive or the shadow Executive to determine how much time the House takes to debate the matter; that should be for the House to decide. The Bill should not be programmed in any way whatsoever.

Angela Eagle Portrait Ms Eagle
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We look forward to seeing what proposals the Government actually bring forward. I tried earlier to get a few hints from the Leader of the House, but he seems not to know the answer yet. I hope that we will know soon what the Government intend to do, but the principle that the entire Bill must have adequate scrutiny and that when it leaves this place, it must be fit for purpose is the one that is in our minds.