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Savoy Hotels, Ltd (Directors' Observations)

Volume 526: debated on Thursday 8 April 1954

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24.

asked the President of the Board of Trade if he is now in a position to state what steps he intends to take about the observations received from the directors of the Savoy Hotels, Ltd.

I am sure the President will agree that this matter ought not to be left in suspension much longer. He has had these observations for about a month. When will he be able to make a statement to the House?

These matters raise complicated points of company administration and law. I am pressing on with these investigations as quickly as I can and I should hope to be able to make an announcement about it fairly soon.

Is this yet another example of what the Prime Minister called the fanatical activity of the President of the Board of Trade?

I hope it is an example of the cool, calm and calculated consideration that I give to all matters.