§ 4. Mr. WattsTo ask the Secretary of State for Trade and Industry if he will make a statement on the progress he has made in implementing his policies relating to the activities of company directors. [90010]
§ Mr. WilsonWe have embarked on a fundamental review of company law, and two reviews of insolvency law are also being undertaken. However, we need to balance giving company directors maximum freedom to perform their duties with providing the public and business with protection against the activities of rogue directors. Over 2,500 unfit directors have been disqualified by the courts in the last two years.