HC Deb 15 April 1965 vol 710 c1642
13. Mr. Hamling

asked the President of the Board of Trade if he will seek powers to order private companies to publish information on distributed and undistributed profits and directors' fees and expenses.

Mr. Jay

I would ask my hon. Friend to await the proposals I shall be making for new company legislation.

Mr. Hamling

Is my right hon. Friend aware that many hon. Members on this side believe that while income restraint is being exercised we should look very closely at the profits and incomes of people in private companies?

Mr. Jay

Yes, Sir. That is certainly a relevant point.

Back to