HC Deb 29 October 1990 vol 178 c351W
Mr. Paice

To ask the Secretary of State for the Home Department what assessment he has made of the Lloyds bank report on the future of the Tote; and whether he will publish that report.

Mr. Soames

To ask the Secretary of State for the Home Department if he will make a statement on his Department's response to the recommendations of the Lloyds bank report on the Tote; and if he will publish the report.

Mr. Peter Lloyd

The report by Lloyds merchant bank will not be published because it was made in confidence and contains commercially and managerially sensitive information. I announced on 3 October that the Government have accepted the case for some restructuring of the Tote Board to include executive members, as recommended by Lloyds merchant bank in its report. This recommendation was independent of the issue of privatisation, on which an announcement of the Government's conclusions will be made in due course.