§ 40. Mrs. Virginia Bottomleyasked the Chancellor of the Exchequer what representations he has received about profit-related pay.
§ Mr. BrookeInformal talks have been held with employers and others both at individual company level and with representative bodies. These exchanges produced a very positive response to the principle of an initiative to encourage further expansion of profit-related pay. The result of these discussions are reflected in the Green Paper "Profit Related Pay: a Consultative Document" which was presented to Parliament on 15 July.