Directors’ Pay

Baroness Buscombe Excerpts
Wednesday 20th June 2012

(11 years, 11 months ago)

Lords Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Baroness Wilcox Portrait Baroness Wilcox
- Hansard - - - Excerpts

I assume the noble Lord is talking about outside auditors, not the internal audit committee. I do not have an answer for him immediately but I will certainly go back and find out what we are thinking in respect of auditors. I think I have an Oral Question next week on auditors so that might be worth listening to. I apologise that I cannot answer that right now.

Baroness Buscombe Portrait Baroness Buscombe
- Hansard - -

Will the Minister explain what she meant when she said that private equity is “something else”?

Baroness Wilcox Portrait Baroness Wilcox
- Hansard - - - Excerpts

This is to do with the FTSE-100 companies as opposed to private equity, which is a completely different discipline.