Perhaps I may indicate one thought that has occurred to me, which the Minister might like to reflect on. It follows on from what my noble friend Lord Eatwell said: namely, that there is an enormous benefit to be gained if these people have been scrutinised. I do not believe that in practice it would occur very often, if at all, that the names brought forward were rejected, but a committee—which, one hopes, did not operate politically, such as the Treasury Select Committee; certainly the Economic Affairs of your Lordships’ House has never done so—might say, ““We approve of these people; they’re just the people we need to help safeguard the independence””, which my noble friend Lord Eatwell has emphasised in this context and before. It is worth reflecting on whether that would be helpful in a body that is very different from any body that I can think of that has been set up in my time to consider economic policy-making.
There is an old adage, ““Never do anything for the first time””, but that is what this body is doing, whether we think that that is good or bad. I would have thought that the Minister might like to reflect at least a little on the point that there would be positive benefits from going down the path that my noble friend suggests.
Budget Responsibility and National Audit Bill [HL]
Proceeding contribution from
Lord Peston
(Labour)
in the House of Lords on Wednesday, 1 December 2010.
It occurred during Debate on bills
and
Committee proceeding on Budget Responsibility and National Audit Bill [HL].
About this proceeding contribution
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722 c186-7GC Session
2010-12Chamber / Committee
House of Lords Grand CommitteeSubjects
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