Clause 7 - Directors: appointment and tenure

Part of UK Infrastructure Bank Bill [Lords] – in a Public Bill Committee at 11:00 am on 22 November 2022.

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Photo of James Murray James Murray Shadow Financial Secretary (Treasury) 11:00, 22 November 2022

My right hon. Friend is right: it is critical that the bank considers regional inequalities in its mission, and we are very concerned that the Government opposed earlier amendments on having a commitment to tackle regional inequalities in the Bill. The fact that there is no reassurance that the board will have that in mind either causes further concern about what the bank’s mission will ultimately be.