Transport for London Bill [Lords]: Revival

I always enjoy the hon. Gentleman’s speeches, but I just want to reassure him on a couple of points. First, for TfL to participate in one of these limited partnerships, the Secretary of State’s consent must be sought, and that has to be done through the affirmative resolution procedure. Secondly, before the House gets carried away vilifying limited partnerships, let me point out that the Electoral Commission suggests that since 2010 the Labour party has accepted donations of £3.1 million from limited companies and limited liabilities partnerships—about 5% of its donations. Let us not get carried away vilifying a corporate structure that is used perfectly legitimately right across the country, and, indeed, that has raised funds for the Labour party. The hon. Gentleman should accept the reassurance that the Secretary of State has to sign off any of these partnerships that are put together.