§ Mr. DewarTo ask the Secretary of State for Trade and Industry (1) how many of the specialists recruited for the development of the Securities and Investments Board and of its rule book are no longer required;
(2) if he will give details of the steps taken in the preparation of the planned expenditure of the Securities and Investments Board for the year 1990–91 to contain expenditure to reflect the reduction in formation and development of the regulatory role of the Securities and Investments Board;
(3) what are the premiums which the Securities and Investments Board will be required to pay in respect of salary and rental costs as a result of the decision to relocate within central London;
(4) whether he has any plans to make available free of charge to the public in Scotland access to the Securities and Investments Board's Prestel system which holds details of all authorised firms;
(5) whether the manpower levels within the Securities and Investments Board are intended only to reflect the minimum personnel required to maintain compliance standards;
which locations outside London were considered for the possible relocation of the Securities and Investments Board.
§ Mr. Redwood[holding answer 19 February 1990]: This is a matter for the Securities and Investments Board.