§ Mr. GeorgeTo ask the Chancellor of the Exchequer what representations he has received from the National Association of Pension Funds about the effects of further reductions in the value of tax credits on dividends payable by United Kingdom companies to United Kingdom resident or other non-resident shareholders; and if he will make a statement.
§ Mr. DorrellThe National Association of Pension Funds has written to my right hon. and learned Friend, and I met representatives of the association on 27 October.