Oppose company law amendment, peers urged. By Dan Martin

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The House of Lords has been called on to reject a controversial government amendment to the companies bill which could force businesses to disclose commercially sensitive information.

A last-minute addition to the proposed legislation which reaches the House of Lords next week requires firms to include in their annual business review "information about persons with whom the company has contractual or other arrangements which are essential to the business of the company".

Although the clause is designed to force firms to disclose information about their supply chain, business groups have expressed outrage that because the wording is so vague, directors could be force to reveal legally and commercially sensitive information.

In a letter to Conservative and Labour peers, the Quoted Companies All...

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