§ Mr. Brightasked the Chancellor of the Exchequer what information he has about the size of the companies in which the managers of personal equity plan funds are concentrating their investments.
§ Mr. Norman LamontIt has been reported that, as I expected, most of the subscriptions to personal equity plans are invested in shares in the leading 100 British companies. It is, of course, for investors and plan managers to decide what shares are bought. The regulations for personal equity plans allow investment in shares of any United Kingdom company quoted on the stock exchange or dealt with on the unlisted securities market.