HC Deb 31 July 1978 vol 955 cc11-2W
Mr. Wigley

asked the Secretary of State for Trade if he will take steps to amend the Companies Act to provide that directors have a responsibility to the employees of a company instead of being solely answerable to the owners of risk capital.

Mr. Clinton Davis

Yes. There are proposals on this matter in draft clause 46 in the White Paper "Changes in Company Law" (Cmnd. 7291) which was published and presented to Parliament on 20th July.

Mr. Meacher

Imports from Japan expressed as a percentage of total United Kingdom imports were as follows:

1973 2.80
1974 2.45
1975 2.79
1976 2.55
1977 2.91

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