§ 40. Mr. Bishopasked the Chancellor of the Exchequer what action he proposes to take under the Prices and Incomes Act to require the compulsory notification from companies of higher dividend decisions.
§ Mr. Roy JenkinsNone at present. In the period from 20th July to 8th January, 1968, 331 quoted public companies reduced their dividends as against 384 making increases plus 511 remaining constant. The Government attach great importance to companies continuing to exercise moderation in distributions.