Baroness Bowles of Berkhamsted to ask Her Majesty's Government, further to the Written Answer by Lord Henley on 1 February (HL4990), what factors made it reasonable to expect that reclassification of the Financial Reporting Council would occur; and what assessment they have made in this respect of internal correspondence from the Office for National Statistics on 6 February 2007 which stated that  “Since then there have been a few 'false starts' and a lot of wasted time on the classification of the FRC. We have now been approached three times to consider the classification of the FRC under new arrangements. On the first two occasions (August 05 then May 06) we have put the case document together and been almost ready to consult NACC when the request has been 'pulled' because the arrangements 'might be changing. (Usually following requests for further information from us that might have lead them to believe that a public sector classification would result)'; and HMT are not happy with the way DTI / FRC are taking this forward and we cannot consider the classification further until arrangements have been finalised.”  HL5468

Question HL5468: tabled on 7 February 2018 and due for answer by 21 February 2018

This type of business sits within the Questions & Statements category.