HC Deb 02 May 1989 vol 152 c2W
Mr. John Townend

To ask The Chancellor of the Exchequer if he can give an estimate of the inflow of capital into the United Kingdom due to high income taxpayers making the United Kingdom their base because of the tax regime introduced by Her Majesty's Government.

Mr. Norman Lamont

Reductions in tax rates and the success of the Government's general economic policies have created a climate which encourages skilled people to work and pay tax in the United Kingdom. Tax reform has also played a part in encouraging foreign companies to locate in this country. However I regret that the information requested on capital inflows is not available.