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The House of Lords Economic Affairs Committee holds a one-off evidence session at 3.35pm with Lord Turner of Ecchinswell, Chairman of the Financial Services Authority, on financial regulation.
The Economic Affairs Committee is one of the five permanent investigative committees in the House of Lords and is charged with considering economic affairs.
The Committee examines the operation of the Monetary Policy Committee of the Bank of England as well as other macroeconomic issues and more specific economic topics.
The Committee’s main function is to examine matters within its remit with which Parliament ought to be concerned, and to report to the House of Lords with recommendations for government action.
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