I doubt it. The hon. Gentleman is a rather oleaginous man, and oleaginous people do not go with the wind.

On the central point of the new Clause, I can answer the hon. Member for Buckingham positively. I recognise its aspiration and I welcome it with enthusiasm. I think that my right hon. Friend the Member for Walsall, South (Mr. George) is right to raise the matter with which it deals. As a minor aside, he should acknowledge that one of the ambitions of the better regulation taskforce, which has its pluses and minuses in his lexicon, is to achieve a more harmonised regulatory regime, with a view to lifting burdens from small business in particular. That is important where inappropriate regulation as a result of years of legislation introduced by Governments of all parties has imposed burdens that might be inappropriate for particular firms, industries and so on. Harmonisation—perhaps "simplification" is an even better word—is an important and worthy aspiration for the Government and I can enthusiastically endorse that aspect of my right hon. Friend's approach.

However, the new clause falls into the category of the quarter loaf that I described earlier. There is no fundamental difference of approach between my right hon. Friend and me, but we must consider how to deal with the matter in the context of the Bill. The Security Industry Authority is being established as the central and authoritative regulatory body for the industry and will be given a number of specific and important remits to discharge. To respond to the specific point that the hon. Member for Buckingham made, every organisation that the authority regulates will be obliged to adhere to its standards. That is the right way in which to proceed. To carry out its remit effectively, the authority will need fully to consult all interested parties throughout the industry while preserving its authority and independence. That is axiomatic to our thinking.

5 pm

The industry will be one of the prime sources of intelligence for the authority. However, there are also several other stakeholders to whom it will listen. They include the police, local authorities, customers, employees of the industry, and other public bodies and Departments.