(12 years, 9 months ago)
Commons ChamberI have not, but I know that these things always cost more than is anticipated and that any great project, adventure or public spending scheme starts with the expectation that it will cost a few thousand pounds here or there, then a few tens of thousands, and then a few hundreds of thousands. Before we know it, the experiment is in place and we find that the cost to the British people runs into millions. Would it not be better to get rid of this group of experts and give it, as I have suggested, to the President of the Board of Trade, who would then be able, should he so wish, to convene a meeting to discuss it.
The Board of Trade is one of those fantastically underutilised bodies in British public life. It is a Committee of the Privy Council, established in the reign of His late Majesty King George III, and it last met in 1986 to celebrate its 200th anniversary. If the president were to summon the board’s members, it would have all the wisdom that the country would need to deliberate on this complex matter, because its members include His Grace the Archbishop of Canterbury, Mr Speaker himself—that would certainly set us on the right course—the First Lord of the Treasury, the Chancellor of the Exchequer and other Treasury Ministers. It would bring together a fantastic conference of wisdom and brain power—[Interruption.]