Clause 53 - Links between directors' pay and
Water Bill [Lords]
11:15 am

Mr Norman Baker (Lewes, Liberal Democrat)
I must part company with the Conservative spokesman on this point. We appear to have a fat cats' charter: an attempt to let people be paid what they want and to cover it up by removing freedom of information provisions in the clause. I can only think that the amendment was drafted by the Institute of Directors, because it certainly was not drafted by consumers. The hon. Member for Leominster is a jolly good chap. I can only assume that he did not understand his amendment when he tabled it.
