§ Mrs. SpelmanTo ask the Chancellor of the Exchequer when he expects the talks initiated in March 1996 between his Department and the Prudential Assurance Company regarding a modification of 10 per cent. distributable surplus to reach an outcome. [122487]
§ Miss Melanie Johnson[holding answer 16 May 2000]: When discussions of this kind take place and a conclusion is reached, the company concerned makes an 184W announcement. Information about proposals of this kind may be confidential or price sensitive, and therefore subject to statutory restrictions on disclosure.