HC Deb 09 May 1968 vol 764 c139W
Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer why, having required Grattan Warehouses Limited to reduce its total distributions by .01 per cent. in order to conform to the Government's proposed ceiling on dividend increases, he approved an increase in total distributions by Gill and Duffus Limited which exceeded the ceiling by .035 per cent.

Mr. Diamond

Gill and Duffus consulted the Treasury about its final dividend, and a total rate in respect of 1967 of 19.32 3. per cent., precisely 3½ per cent. above the rate for 1966, was agreed.