HC Deb 10 October 1939 vol 352 c161
46. Sir G. Gibson

asked the Chancellor of the Exchequer whether he is aware that companies now advertising in the public Press schemes to insure property against war risks give no information as to their resources, expenses and receipts and publish no accounts and are not subject to any control such as is exercised by the Board of Trade in the case of all bona fide insurance companies; and whether he proposes to take any action to control the activities of such companies?

Sir J. Simon

As my right hon. Friend the President of the Board of Trade said on 27th July last, in reply to a question by the hon. Member for East Ham, South (Mr. Barnes), this subject falls to be considered in connection with the report of the committee presided over by Lord Weir. I expect that this report will be published during the course of this week.

Sir G. Gibson

The Chancellor of the Exchequer said last week that he would make a statement on this matter early this week. Does he propose to carry out that intention?

Sir J. Simon

The publication of the Weir Report will be made this week, and in connection with it no doubt a statement will be made.