§ Lord Smith of Cliftonasked Her Majesty's Government:
Further to the Answer by the Lord McIntosh of Haringey on 25 January (H.L. Deb., cols. 1416–1419), why there has been a delay in the promised announcement by the Secretary of State for Trade and Industry on directors' remuneration; and when it can now be expected. [HL1912]
§ The Minister for Science, Department of Trade and Industry (Lord Sainsbury of Turville)The Government regard directors' remuneration as an important issue. My right honourable friend the Secretary of State for Trade and Industry expects to make an announcement shortly.