§ Mr. Michael SpicerTo ask the President of the Board of Trade whether he will consider holding an official public inquiry into the operation of Lloyd's of London.
§ Mr. Neil HamiltonSir David Walker is currently conducting an investigation into allegations of malpractice, including insider trading, at Lloyd's. Sir Jeremy Morse chairs a working group studying governance of the market. There are independent loss reviews inquiring in to the circumstances of losses of the worst affected syndicates. Any further inquiry would not help the work now in progress.