Skip to main content

Written question asked by Peter Luff (Conservative) on Wednesday, 22 April 2009, in the House of Commons. It was due for an answer on Friday, 24 April 2009. It was answered by Pat McFadden (Labour) on Tuesday, 5 May 2009 on behalf of the Department for Business, Enterprise and Regulatory Reform.


Rover Group

Question
To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform how much the Companies Act investigation into MG Rover had cost on the latest date for which figures are available; when he expects the investigation to be completed; what estimate he has made of the total cost of the investigation; and if he will make a statement.
Answer

The total cost of the Rover inquiry as at 31 March 2009 was £15,191,376 (broken down as £12,502,416 in costs, £447,406 in disbursements and £2,241,554 in VAT).As is normal in Companies Act inspections the inspectors were not given a specific target date for the completion of their investigation, nor are they working to a pre-determined financial ceiling. Either might restrict the depth and thoroughness of their inquiry.


Secondary information

Type
Written question
Reference
492 c56W; 271417
Session
2008-09
Related items
Members: Correspondence
Thursday, 4 June 2009
Written questions
House of Commons
Subjects
Company investigations Rover Group
Link
View this Written question on www.publications.parliament.uk