Constitutional Renewal

I am grateful to my hon. Friend for his broad welcome for the proposals. A procedure is already in place whereby the Treasury Committee considers Bank of England appointments. The current proposals are non-statutory, as I said a moment ago, but we will listen carefully to what hon. Members of all parties say. I should also have said that we have proposed that a Joint Committee comprised of Members of both Houses be set up to scrutinise the Bill that will be introduced.