§ 44. Mr. Meacherasked the Secretary of State for Trade and Industry if he will widen his company law reform proposals to include areas of company jurisdiction not covered in the recent White Paper such as insider dealings by financial journalists and further safeguards relating to take-overs of City discount houses.
§ Sir G. HoweI would ask the hon. Member to await the detailed proposals in the forthcoming Companies Bill. As to the take-overs, discount houses are subject to the same rules and safeguards as other bodies, and I see no reason to extend them.