CMA board meeting minutes: 16 December 2025
Published 2 April 2026
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Meeting date: 16 December 2025
Venue: In the Cabot, London, and online
Members present
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Doug Gurr (Chair)
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Joel Bamford
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Justin Basini
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Sarah Cardell (CEO)
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Martin Coleman
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Juliette Enser
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Will Hayter
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Dame Patricia Hodgson (remote)
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Daniel Lambauer
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Murdoch MacLennan
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Cyrus Mehta
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Will Hayter
Advisers present
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Emma Cochrane, Acting Executive Director for Consumer Protection
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Karen Croxson, Chief Data & Technology Insights Officer
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Jenny Haydock, Interim Chief Economic Adviser
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Chris Prevett, General Counsel
Apologies
- Jessica Lennard, Chief Strategy and External Affairs Officer
CMA staff present
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Kate Bridge, Director of the Executive Office
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Chief of Staff
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Committee Secretary, Minutes
Teams
The meeting was attended by teams from across the CMA including from Strategy, Comms and Advocacy.
Minutes
1. Introduction
The Chair welcomed members to the meeting.
2. Chair’s reflections
The Chair reflected on the upcoming meeting.
Minutes
The Board noted that minutes from the 11 and 26 November 2025 Board meetings were not distributed at this meeting and will be circulated ahead of the next Board meeting.
Strategy, risk and portfolio
3. CEO update
The Board was updated on and discussed recent developments in the CMA’s portfolio and risk profile. It also reviewed the external guidance tracker and the finance update for P07 (October).
4. Digital Markets Board Committee update (DMBC)
The Board was updated on recent DMBC and its sub-committee meetings.
5. Annual Plan (2026 to 2027)
The Board discussed the draft Annual Plan for 2026 to 2027, noting the proposed structure and approach. The Board welcomed the alignment with CMA’s strategic objectives and provided feedback to help shape the final draft plan.
6. Performance Programme update
The Board received an update on the CMA’s work to enhance performance measurement and accountability.
Any other busniess
UK’s Participation in the EU’s Internal Electricity Market – update and next steps
The Board reviewed this updated paper.
Board Paper Distribution System – upcoming change
The Board received an oral update on the upcoming transition from Diligent to iBabs as the secure Board paper distribution system.