HC Deb 23 July 1990 vol 177 c37W
Mr. Austin Mitchell

To ask the Secretary of State for Trade and Industry whether, further to the reply to the hon. Member for Great Grimsby on 14 March,Official Report, column 304, he will list the organisations which endorsed the publication of summary financial statements.

Mr. Redwood

There was general support for this proposal among those consulted. However, it is not the usual practice of my Department to disclose the nature of individual responses to requests for views on company law matters. Comments were received from the following organisations:

  • the Chartered Association of Certified Accountants;
  • the Chartered Institute of Management Accountants;
  • the Chartered Institute of Public Finance and Accountancy;
  • the Confederation of British Industry;
  • the Institute of Chartered Accountants in England and Wales;
  • the Institute of Chartered Accountants in Ireland;
  • the Institute of Chartered Accountants in Scotland;
  • the Institute of Chartered Secretaries and Administrators;
  • the Institute of Directors;
  • the International Stock Exchange;
  • the Securities and Investment Board; and
  • the Wider Share Ownership Council.

Mr. Austin Mitchell

To ask the Secretary of State for Trade and Industry if he will give a breakdown of the savings which companies are expected to make following the enactment of section 15 of the Companies Act 1989.

Mr. Redwood

I have made no such estimate.