Directors’ Pay

Baroness Buscombe Excerpts
Wednesday 20th June 2012

(12 years, 6 months ago)

Lords Chamber
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Baroness Wilcox Portrait Baroness Wilcox
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I assume the noble Lord is talking about outside auditors, not the internal audit committee. I do not have an answer for him immediately but I will certainly go back and find out what we are thinking in respect of auditors. I think I have an Oral Question next week on auditors so that might be worth listening to. I apologise that I cannot answer that right now.

Baroness Buscombe Portrait Baroness Buscombe
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Will the Minister explain what she meant when she said that private equity is “something else”?

Baroness Wilcox Portrait Baroness Wilcox
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This is to do with the FTSE-100 companies as opposed to private equity, which is a completely different discipline.