HC Deb 07 June 1988 vol 134 c426W
Mr. Neil Hamilton

To ask the Chancellor of the Duchy of Lancaster what is the estimated cost to public funds so far of the current inquiry into House of Fraser plc.

Mr. Maude

The cost of the investigation up to and including 30 April 1988 totalled £1,032,747.

Mr. Neil Hamilton

To ask the Chancellor of the Duchy of Lancaster when inspectors were appointed to carry out the current inquiry into House of Fraser plc; and what is the earliest date on which he expects to receive their report.

Mr. Maude

Mr. Phillip Linnell Heslop QC and Mr. Hugh Graham Cazalet Aldous FCA were appointed on 9 April 1987 under the provisions of section 432(2) of the Companies Act 1985 to act as inspectors to investigate the affairs of House of Fraser Holdings plc. Mr. Heslop resigned his appointment on 13 May 1987 and was replaced by Mr. Henry Brooke QC on 15 May 1987. The inspectors are continuing their investigations but I am unable to say when a report will be received.