Education Bill

My hon. Friend makes a fantastic point, but I must stop myself agreeing with him. I believe that the reputational risk is only a very small part of the problem with Ofqual's relationship with awarding organisations. The problem is that Ofqual has only the nuclear option, to which the Minister referred, of saying, ““You are either in or out.”” I imagine that causes a great deal of conflict in Ofqual when it investigates an organisation. My hon. Friend knows from his vast business experience that the cost of doing business is often factored into every meeting, and I have no doubt that the cost of engaging with Ofqual is included in every meeting.