Oral Answers to Questions

Wera Hobhouse Excerpts
Thursday 13th March 2025

(1 day, 17 hours ago)

Commons Chamber
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Justin Madders Portrait Justin Madders
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As my hon. Friend is right to recognise, this issue has been around for some time, and the Government have announced their intention to publish a draft audit reform and corporate governance Bill for scrutiny in this Session. Investors and the public need access to truthful reporting from our most important businesses on their finances and related issues. My Department continues to progress that important work, and a timetable for the publication of the Bill will be confirmed in the usual way for draft legislation in due course.

Wera Hobhouse Portrait Wera Hobhouse (Bath) (LD)
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Since leaving the European Union, we have been diverging progressively and passively —not making an active decision to diverge because it is good for us, but because we cannot keep up with the number of regulations coming through the European Union. That has been particularly disadvantageous for energy trading. What conversations has the Minister had with Government colleagues around aligning with the EU on emissions trading?