Member

I do not quite understand why, if this is the direction of travel that the Government are pursuing, they do not feel it is right to include growth in the purpose of the Bill, to make sure that it is a defining feature of the regulator. It seems to me that this is part of the Government’s drive, so I hope that the Minister might look favourably on this suggestion. If not, I just ask why, for this particular regulator, a specific growth duty is not relevant, yet they are applying it to numerous other existing regulators. I would be very grateful for that clarification.