HC Deb 08 March 2004 vol 418 cc1279-80W
Malcolm Bruce

To ask the Secretary of State for Trade and Industry if she will list the respondents to the consultation document Rewards for Failure—Directors Remuneration—Contracts, Performance and Severance; and if she will list those respondent who(a) advocated legislative provisions and (b) did not want legislation to address executive remuneration. [159350]

Jacqui Smith

There were 112 responses in all, from a wide range of parties: institutional investor, companies, trades unions, accountants, remuneration advisers and many representative organisations. Some responses were sent in confidence. These apart, all responses are available for inspection on application to the DTI Library.

£ million
Sector 1998–99 1999–2000 2000–01 2001–02 2002–03
(a) Passenger aircraft sector 3,602 4,392 5,192 5,256 4,570
(b) Renewable energy sector 105 42 40 33 13
(c) Non-renewable energy sector 3,718 4,726 5,227 3,688 3,123
(d) United States 351 533 752 762 654
(e) Defence aircraft sector 779 714 1,304 1,117 1,229
(f) Large hydro-energy sector 122 92 66 47 13

Malcolm Bruce

To ask the Secretary of State for Trade and Industry whether the Export Credits Guarantee Department had received the Human Rights Watch report of January 1999 on human rights abuses in connection with the Dabhol power project in India when it provided overseas investment insurance for the project. [158564]

The consultation was principally about best practice options, but sought views on three questions relating to possible legislative changes arising from recommendations of the Company Law Review. Of these, there was majority support only for that which asked whether companies legislation should provide for the prohibition of rolling contracts having a notice or contract period in excess of the period permitted by section 319 of the Companies Act 1985.