HC Deb 11 December 1991 vol 200 c462W
Mr. Gordon Brown

To ask the Secretary of State for Trade and Industry what is the current position of his Department's investigation into the collapse of British and Commonwealth; when the report will be completed; when the report will be published; and what use his Department has made of the investigation financed by shareholders in Atlantic.

Mr. Lilley

Inspectors were appointed on 15 June 1990 under section 432 of the Companies Act 1985 to investigate and report on the affairs of Atlantic Computers plc and Atlantic Computer Systems plc, companies in the British and Commonwealth group. The inspectors are making good progress, but I cannot say when they will complete their report; it is the general practice to publish reports by inspectors under section 432 relating to the affairs of public companies.

The inspectors are aware of the inquiries made on behalf of shareholders of British and Commonwealth and will take into account that information.