§ Mr. FraserTo ask the Chancellor of the Exchequer what assessment he has made of the effect of the Hammersmith and Fulham swaps case on the reputation of the United Kingdom as a financial centre; and if he intends to introduce any legislation to deal with the consequences of the case.
§ Mr. RyderFurther legal proceedings are outstanding in this case. The Government will need to study the House of Lords judgment very carefully before deciding what, if any, action is required.