With this it will be convenient to consider clauses 2 to 18 stand part. May I remind Members that in Committee, Members should not address the Chair as Deputy Speaker? Please use our names when addressing the Chair. Madam Chair, Chair, Madam Chairman or Mr Chairman are also acceptable.

It is clear from what my hon. Friend is saying that the Bill is welcomed by the legal sector. What engagement has he had with the legal sector and relevant stakeholders?

There has been massive engagement with parties interested in this Bill. The Bill began in the last Parliament, to which I am grateful for the work already done. It began in the Lords, who engaged fully with parties at that stage.

The Lords have had to restart the Bill in the new Parliament, so they have had two bites at the cherry, and all the feedback from stakeholders has been very positive. I thank my hon. Friend for drawing that out in this debate.

I thank everyone to whom the Minister rightly gave recognition, particularly the behind-the-scenes officials whose work we do not often see, but without whom such landmark legislation would not be possible.

The Liberal Democrats welcome the Arbitration Bill, inasmuch as it represents a significant step forward in modernising and enhancing the arbitration process in the UK. With over 5,000 arbitrations a year in England and Wales, worth about £2.

5 billion a year to the economy in fees alone, arbitration has long been a critical alternative to traditional court proceedings, providing a more efficient, cost-effective and flexible way to resolve disputes.

One of the Bill’s key merits is its effort to streamline the arbitration process, which can be complex and protracted.

By introducing these clearer guidelines and enhancing the powers of arbitrators, the Bill will help us to secure quicker resolutions, reducing delays and backlogs in the justice system. This is crucial for businesses that seek fast and decisive outcomes to disputes.

Of course, arbitration is part of a wider family of alternative dispute resolutions that help to take pressure off our courts.

Recognising this, I pay tribute to legal professionals and firms in Eastbourne that work day in, day out, to facilitate many of these alternative dispute resolutions, including Heringtons, Cramp & Mullaney, Hart Reade, Gaby Hardwicke, Stephen Rimmer, SO Legal, Hobson & Latham, Mayo Wynne Baxter, Lawson Lewis Blakers, Cornfield Law, McCarthy Webb—whose services I have used—and many more.

We are pleased to support this Bill for the reasons that I and many other Members have discussed.

It will ultimately help to position the UK as an attractive destination for global arbitration, reinforcing its status as a leading centre for business and legal expertise, whether we are talking about the financial capital of the UK or the sunshine capital of the UK, Eastbourne, with its legal expertise, to which I have just alluded.

The Liberal Democrats are pleased to back this Bill, and I am proud to support it. Question put and agreed to. Bill accordingly read the Third time and passed.

Business of the House (Today) Ordered, That, at this day’s sitting— (a) notwithstanding the provisions of Standing Order No.

16 (Proceedings under an Act or on European Union documents), the Speaker shall put the Questions necessary to dispose of proceedings on the Motions in the name of Secretary Jonathan Reynolds relating to Terms and Conditions of Employment not later than two hours after the start of proceedings on the Motion for this Order; (b) the Speaker shall put the Questions necessary to dispose of proceedings on the Motion in the name of Lucy Powell relating to Scrutiny of European Statutory Instruments not later than one hour after the start of proceedings on that Motion; such Questions shall include the Questions on any Amendments selected by the Speaker which may then be moved; proceedings on these motions may continue, though opposed, until any hour, and may be entered upon after the moment of interruption; and Standing Order No.

41A (Deferred divisions) shall not apply.—(Anna Turley.