Company Directors (Hansard, 10 February 1992)

HC Deb 10 February 1992 vol 203 cc351-2W 352W

§ Mr. Cousins
To ask the Secretary of State for Trade and Industry whether he proposes to bring forward legislation to increase the powers and resources of independent company directors.

§ Mr. Redwood
No. I would encourage companies to have high-calibre non-executive directors and to give all their directors adequate powers and resources. How this is done is best left to individual companies. All directors, in fulfilling their responsibilities, should exercise their judgment independently.