§ Mr. GibbTo ask the Chancellor of the Exchequer if he will estimate the revenue arising from a 20 per cent. withholding tax on interest payments made on Eurobonds paid to(a) non-UK EU residents and (b) all non-UK residents, on the assumption that there is (i) no reduction (ii) a 25 per cent. reduction, (iii) a 50 per cent. reduction and (iv) a 75 per cent. reduction in the Eurobond market in the City of London. [62332]
§ Mr. GibbTo ask the Chancellor of the Exchequer if he will estimate the value of Eurobond market business carried out in the City of London in each of the last three years. [62331]
§ Ms Hewitt[holding answer 7 December 1998]: There are no official figures for the value of Eurobond market business carried out in the UK.