Member

The important Amendments 168, 169, 170 and 171 were tabled by my noble friend Lady Noakes. She raises several important points in them, and I will address them together for the sake of brevity. At the heart of her argument is the assumption that bigger is always better, which raises a crucial distinction between size and scale. Size alone guarantees nothing. Scale matters, but the test is currently framed as a size test not a scale test, which is problematic. This principle was touched on holistically on earlier groups. This feeds directly into the wider sense of competition that she and my noble friend Lord Fuller set out eloquently, and that the noble Lord, Lord Palmer, touched on.