He was responding to the LSB’s 2024/25 business plan consultation, which closed this week.
In its consultation, the LSB said it anticipated a ‘significant call on resources’ to manage the dispute between CILEX and CILEx Regulation, and for its review into the regulation of collapsed firm Axiom Ince. It proposed a 13.9% increase on last year’s budget.
Emmerson called for any increase in the LSB’s remit and resources to be kept under review.