Sovereign wealth funds around the world want to establish a trade body to represent and promote their interests with Western governments.

A key recommendation was that the Church establish a permanent body to monitor and audit its work and report publicly on progress made each year.

One of the primary motives for establishing the body was to take decisions about MPs pay and expenses out of their own hands.

He said that the Government should establish a body to investigate such deaths in the future, as recommended by the confidential inquiry.

In 2010 the government established a body called UK Asset Resolution to manage and eventually sell off the two banks.