§ 43. Mr. Arthur Lewisasked the Chancellor of the Exchequer whether he will make a statement on his discussions with representatives of the firm Kangol; why he allowed them to increase their mid-April announced dividend of 10.7 per cent. to 20 per cent. against the 10 per cent. paid in 1967; and which persons 186W from outside his department, other than representatives of this firm, discussed this subject with him.
§ Mr. DiamondAfter the first announcement of a dividend recommendation on 18th April, this company consulted the Treasury about revising the figure to the same level as for 1961. Treasury approval was given in accordance with the guidelines set out in Command Paper 3590. Confidential discussions were held solely between Treasury officials and the company's professional advisers.