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Company Directors

Volume 203: debated on Monday 10 February 1992

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To ask the Secretary of State for Trade and Industry whether he proposes to bring forward legislation to increase the powers and resources of independent company directors.

No. I would encourage companies to have high-calibre non-executive directors and to give all their directors adequate powers and resources. How this is done is best left to individual companies. All directors, in fulfilling their responsibilities, should exercise their judgment independently.