M
Member
Speaking in the House of Lords on 10 June 2026
Debate
Contracts for Difference (Allocation) (Amendment) Regulations 2026Contribution
That is a process of the bidding system, but what these changes do—I promised that this would not be two hours—is make sure that the system overall is not discomfited by that sort of process, rare though it may be, and that it is fair to those people who have already qualified in the system. Yes, mistakes will happen. The large number of applications means that, occasionally, mistakes will need to be rectified, but the purpose of these changes is to make sure that that rectification is as positive as it can be for the process as a whole and that people get fair outcomes regardless of the way in which they have travelled to get the allocation approved in the end.
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