§ Mr. Alex CarlileTo ask the Secretary of State for Trade and Industry if he is satisfied with the progress being made by the Takeover Panel in its inquiries into possible breaches of the takeover code in relation to the House of Fraser; and if he will make a statement.
§ Mr. RedwoodThe Takeover Panel is not conducting its inquiries on my behalf, and I am therefore not responsible for its progress.
§ Mr. Alex CarlileTo ask the Secretary of State for Trade and Industry when, in accordance with the undertaking given by his predecessor to the Select Committee on Trade and Industry, he expects to report to the House on how all the regulators concerned with the takeover of the House of Fraser have carried out their duties.
§ Mr. RedwoodMemoranda were submitted to the Trade and Industry Committee in November and December 1990 in respect of action taken by regulators in the House of Fraser case. When further relevant information is provided by regulators, the Committee will be informed.