12:00 pm
Nick Raynsford (Greenwich and Woolwich, Labour)
First, I want to come back to the issue of the vote and the scheme parallel with the BID. In our evidence session this morning, we explored with the representative of the British Chambers of Commerce the fact that there would be circumstances in which it would be inappropriate for a business vote to stop a major infrastructure project that had wide support, when the business contribution was relatively small. A de minimis position was thus accepted. We asked for a figure from the British Chambers of Commerce and the witness accepted that the 30 per cent. set in the Bill was probably about right. Would you agree, and if not, why not?