HL Deb 30 June 1998 vol 591 c61WA
Lord Pearson of Rannoch

asked Her Majesty's Government:

Whether they are empowered to veto the European Union's proposed directive on the taxation of savings; and, if so, whether they will do so. [HL2363]

Lord McIntosh of Haringey

The draft directive would have to be agreed by all member states. We are scrutinising the draft directive closely and consulting with interested parties in the City.