Written question asked by Gordon Prentice (Labour) on Wednesday, 17 June 1998, in the House of Commons. It was due for an answer on Thursday, 25 June 1998. It was answered by Nigel Griffiths (Labour) on Thursday, 25 June 1998 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: To ask the President of the Board of Trade, what was the cost of her Department's investigation into the share transactions relating to Anglia TV in 1994; how many inspectors were assigned to the case; and how long it took. - Inc figures.

Answer: Mr. Gordon Prentice: To ask the President of the Board of Trade what was the cost of her Department's investigation into the share transactions relating to Anglia TV in 1994; how many inspectors were assigned to the case; and how long it took. [46982] Mr. Nigel Griffiths: On 8 February 1994 two independent inspectors were appointed under S.177 of the Financial Services Act 1986 to investigate dealings in the securities of Anglia Television Group Plc between 10 January and 21 January 1994. They submitted their report on 19 July 1994. Their fees and disbursements amounted to about £215,000 (including VAT).

Secondary information

Type: Written question
Reference: 314 c572W; 46982
Session: 1997-98
Subjects: Costs Department of Trade and Industry Inquiries Insider trading Shares Anglia Television
Contains statistics: Yes