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• Question by: Murad Qureshi
• Meeting date: 24 October 2007

Can I just go back to Neale's comments. I am glad to hear that local authorities are looking at areas where there is already the social infrastructure to provide additional housing. It strikes me, though, that the last time the capacity study was done at the GLA, during the first term, the local authorities in the south-west, where there is the infrastructure, the roads and what have you, got off lightly. I am talking about Richmond upon Thames and Kingston upon Thames. It seems to me, when I go through those parts of town, the infrastructure is there to accommodate...

• Question by: Murad Qureshi
• Meeting date: 17 January 2007

I just wanted to go into the whole area of possible exposure to hedge funds, and what that may mean for our pension holders. Both directly and indirectly, our exposure to the derivative market is of concern to a lot of people, given how much coverage it gets in the business pages.

• Question by: Murad Qureshi
• Meeting date: 17 January 2007

Which mirrors much of the behaviour of the hedge funds we have got in London, because I mean London has become a centre of all that. I am just concerned whether, to the extent of our exposure, both directly and indirectly, and to what extent that limits our ability to be ethical as well.