§ Mr. Dalyellasked the Secretary of State for Trade and Industry for what reason he has not published the report of his inspectors' inquiry into the affair involving Ian Posgate, Lloyd's and Alexander Howden; and if he will make a statement.
§ Mr. Butcher[pursuant to his reply, 26 January 1987]: The hon. Member refers to a substantial interim report by inspectors appointed under section 165(1)(b) of the Companies Act 1948 (now section 432(2) of the Companies Act 1985) to investigate and report on the affairs of Alexander Howden Group plc. The report cannot be published at this stage while police inquiries continue as its publication could impede the institution of criminal proceedings.