§ Mr. AdleyTo ask the Chancellor of the Exchequer what representations he has received from Lloyd's in connection with the effect of recent financial legislation on the conduct of business in the London insurance market; and if he will make a statement.
§ Mr. Norman Lamont[holding answer 16 February 1989]: These matters have been raised at various meetings with Lloyd's. I have corresponded with my hon. Friend recently about the effects of legislation on Lloyd's business. I am placing a copy of my letter to my hon. Friend of 15 February 1989 in the House of Commons Library.