§ Mr. ByersTo ask the President of the Board of Trade which serving civil servants in his Department are presently directors of companies; and if he will indicate for each(a) the name of the company concerned and (b) if the annual remuneration was (i) £1 to £5,000, (ii) £5,000 to £10,000 and (c) above £10,000. [18149]
Mr. John M. Taylor[holding answer I March 1996]: DTI staff may not in general hold directorships in public or private companies, firms or other organisations, although the holding of non-executive directorships in small, private, family-type companies is permitted if no conflict of interest results. Officials consult their line managers on such matters. Any fees paid are an individual matter and no central records are kept.
A number of senior DTI staff hold unpaid developmental non-executive directorships. Details of these, together with those of other Departments, are published in the Cabinet Office's annual report.