§ Mr. MilburnTo ask the Secretary of State for Transport how many staff in his Department or its agencies have(a) declared any company shareholdings they hold or (b) been advised to dispose of shareholdings in the last five years, indicating the companies concerned. [33419]
§ Mr. Norris(a) In accordance with the service-wide rules, the Department's staff handbook requires staff to declare any financial interests in matters they may be called upon to deal with in the course of their official duties. In the majority of cases, such conflicts of interest are reported to, and resolved immediately by, line management. The Department does not maintain a central record of all declared shareholdings and, for this reason, it is not possible to provide the detail of information requested without a special exercise incurring disproportionate cost.
(b) There have been no cases in the last five years where staff have been formally advised to dispose of shareholdings.