The development of the combined regulator would take place in stages and transition arrangements would be established with the relevant UK regulatory bodies.

BBC: Scotland politics

In some areas, such as energy and water regulation, it is likely that the transition to a combined regulator could take place relatively quickly, whilst in others, such as rail and telecommunications, it is likely to take longer to develop the full range of expertise.

BBC: Scotland politics

The criticism of that committee, coupled with a warning about speed of change from England's exams regulator Ofqual and fierce Lib Dem opposition to the EBC combined to defeat it.

BBC: Why the Ebacc Certificates sank and what happens next

Both a wary assessment of the longer-term consequences of appeasement, combined with some thinking about how to work more collaboratively with this nascent regulator, are therefore all the more in order.

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