But really, who cares? Having read the briefs, there is nothing in the report that a competent department of state could drive through without the assistance of a White paper report.
This paper cost a ton of money and was completed by Lord Carter, respected so much by the Prime Minister he was removed from his position at No. 10 within months of his joining. So it has credibility for the ages. The City knows this is simply his pitch to get the CEO's job at ITV.
In addition, a fag end government is in no place to really drive through any of these changes in any event. There is no time in the parliamentary calendar; they are too busy choosing a new speaker.
The best thing to do with this report is to make sure it is the last one. The UK's finances are in a shocking state, as Guido reports today, this is just another waste of money on hot air that we do not need.