Natural Environment and Rural Communities Bill

I shall spend some time walking the Minister through the issues, if she likes. The point about pensions is a step too far; it is key. I understand absolutely where she is coming from, which is why I gave the example about the water utilities having pensions for directors on that basis. Since they were privatised, and since the Higgs corporate governance code has come in, that is not acceptable because it is regarded as prejudicing independence.