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Headed by the Inspector of Companies, CIB exercises on behalf of the Secretary of State for Business, Enterprise and Regulatory Reform the statutory powers of enquiry under the Companies Act 1985 and other legislation.
On 4 November 2010 Business Secretary Vince Cable referred the takeover bid to Ofcom to consider issues of media plurality.
Speakers included Secretary of State for Business, Innovation and Skills, Vince Cable; John Bercow, Speaker of the House of Commons and the UK Youth Parliament and Pamela Warhurst Incredible Edible