§ Mr. Tim SmithTo ask the Secretary of State for the Home Department if he has received the feasibility study into the privatisation of the Horserace Totalisator Board; and when he intends to make a statement on the inquiry into the long-term funding of British racing.
§ Mr. John PattenI understand that Lloyds merchant bank has completed its work on the feasibility study on the privatisation, and my right hon. Friend expects to receive it soon. As my right hon. Friend explained in reply on 22 March to a question from my hon. Friend the Member for716W Langbaurgh (Mr. Holt) at columns 600–1 he will announce his conclusion on the possibility of an inquiry into the long-term funding of racing when he has considered that advice.