However, I am perhaps a bit more radical than some of my colleagues. I argue that the parliamentary system has a weakness that should be addressed with regard to regulation. I believe that there is a stronger argument for a better regulation committee than for the need to deregulate, important though that is. I would like the Government to consider establishing an inspectorate with responsibility not only for encouraging and overseeing regulation, but for identifying the need for deregulation when companies and organisations face unnecessary burdens. Does my hon.
Friend is correct.
When I intervened on the right hon. I shall therefore present some other information in the interests of balance. I want to comment on what is sometimes contemptuously dismissed as red tape. I am proud of the Government because they have introduced the minimum wage and extended employment rights. Members know my background and would expect me to be interested in such matters.