§ Mr. Janner
asked the Secretary of State for Trade and Industry whether he is satisfied with progress in implementing the provisions of the Cork report on insolvency; and whether he will make a statement.
§ Mr. Alexander Fletcher
The Cork report contained a large number of complex and interdependent recommendations and it has therefore been a lengthy task to evaluate them all. We intend to issue a White Paper on insolvency law reform early in the new year with a view to legislation at the earliest opportunity.