I've been away for a while, and I return to learn, via The Save Parliament Blog that "The Government has backed down over the so-called "dictatorship Billâ€, which would have allowed ministers to bypass parliamentary scrutiny.". It looks like a win, but it's not enough:
"Mr Murphy promised yesterday to give a statutory veto to the regulatory reform select committees in the Commons and Lords, allowing them to block fast-track changes. Some critics say that this does not go far enough."
If I remember correctly, the government can change the makeup of a select committee, so this 'safeguard' doesn't seem too secure.
We shall have to wait for the amendments to see if this truly is a reversal.