§ Mr. CousinsTo ask the Secretary of State for Trade and Industry whether he has plans to extend the requirement to report on employee involvement in company annual reports so as to include a report on employee involvement in any merger decisions.
§ Mr. RedwoodNo. The existing provisions in schedule 7 of the Companies Act 1985 that companies with more than 250 employees should include a statement in their directors' report on their arrangements for informing and consulting employees on matters of concern to them in effect already cover this point.