That this House congratulates both the Lord Williams of Elvel on initiating a debate in the House of Lords on 31st Jan 1991, on the important matter of corporate governance, and the Lord Donoghue on contributing to the debate; agrees with their Lordships that the chairman of a public company should have regard to the interests of employees in general and that alert and truly independent non-executive directors have a role in scaling down the more outrageous ambitions of chief executives and chairmen; and regrets that the noble Lord failed to put these principles into practice as far as their close association with the late Robert Maxwell was concerned.

That this House congratulates both the Lord Williams of Elvel on initiating a debate in the House of Lords on 31st Jan 1991, on the important matter of corporate governance, and the Lord Donoghue on contributing to the debate; agrees with their Lordships that the chairman of a public company...

That this House notes with concern the Government's reply to the Sixth Report from the Home Affairs Committee on the Financing of Greyhound Racing; notes that certain aspects of gambling and competition policy will remain under review but no primary legislation is envisaged; welcomes those minor recommendations relating to the deregulation of on-course betting; and calls upon the Secretary of State for the Home Department to halt any further discussion on the relaxation of licensing hours on off-course betting offices until off-course bookmakers are required to pay greyhound racing a similar percentage of turnover as they contribute to horse racing.

That this House notes with concern the Government's reply to the Sixth Report from the Home Affairs Committee on the Financing of Greyhound Racing; notes that certain aspects of gambling and competition policy will remain under review but no primary legislation is envisaged; welcomes those minor recommendations relating to the...

That this House recognises the importance of duty and tax free shopping to airlines, airports and shipping, to producers of scotch whisky and other quality United Kingdom products, to employees throughout the industry, and above all, to the millions of travellers all of whom enjoy lower fares because of the success of these facilities; calls upon the Government to press the European Commission, through the Council of Ministers, to undertake a specific study on the economic and social implications of the completion of the internal market on duty and tax free sales, as requested by a majority of 196 votes to 2 in the European Parliament's Plenary Session in November 1990; further calls for Her Majesty's Government to ensure that the Commission's proposals for abolition of duty and tax free sales, implicit in its draft fiscal legislation, are not approved by the Council of Ministers before such a study has been undertaken; and further calls on Her Majesty's Government to support the retention of duty and tax free sales to intra-Community travellers until abolition is truly justified.

That this House recognises the importance of duty and tax free shopping to airlines, airports and shipping, to producers of scotch whisky and other quality United Kingdom products, to employees throughout the industry, and above all, to the millions of travellers all of whom enjoy lower fares because of the...

That this House believes that the British Coal Pension Funds are abusing their privileged fiscal position by making a takeover bid for Globe Investment Trust plc; notes that income tax reliefs on the investment income only of pension funds cost ??4,100 million in 1989-90; is concerned that British Coal Pension Funds are now exploiting this by bidding for Globe, a company which has worked hard to promote the interests of its 42,000 private investors whose savings are made out of after tax income; and, therefore, calls on the Treasury to institute a new review of pension funds' tax privileges, and the Secretary of State for Trade and Industry to refer the bid with its significant associated public interest issues to the Monopolies and Mergers Commission.

That this House believes that the British Coal Pension Funds are abusing their privileged fiscal position by making a takeover bid for Globe Investment Trust plc; notes that income tax reliefs on the investment income only of pension funds cost ??4,100 million in 1989-90; is concerned that British Coal Pension...