Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government, further to the letter by the Secretary of State for the Department of Business, Energy and Industrial Strategy to Sir John Kingman, chairman of the Review of the audit regulator, on 8 October, what are the financial and non-financial costs associated with the request to extend the scope of the Independent Review of the Financial Reporting Council.

Sir John Kingman asked not to receive a fee for his role undertaking the independent Review of the Financial Reporting Council. Members of the Review’s Advisory Group are also not remunerated for their involvement.

The additional request to Sir John Kingman to provide his thoughts alongside the Review on whether there is any case for change in the way in which audits are procured and audit fees are set will be accommodated in existing costs and allocated resources.