§ Lord Williams of Elvel
asked Her Majesty's Government:
Whether they have received a report from the Director General of Fair Trading on the shareholding of the Kuwait Investment Office in British Petroleum plc and, if so, what action they propose to take.
§ The Secretary of State for Trade and Industry (Lord Young of Graffham)
No, my Lords. I will decide whether it would be appropriate to make a reference of the shareholding to the MMC in the light of the director general's advice.