§ Lord Stoddart of Swindonasked Her Majesty's Government:
Whether they will refrain from agreeing to proposals for a withholding tax or any compromise until the consent of the House of Commons has been obtained. [HL2309]
§ Lord McIntosh of HaringeyWe have made it clear on a number of occasions that we will not agree to any EU proposals which would require the UK to introduce a withholding tax or which risked serious damage to EU financial markets. The Government will fulfil its obligations to Parliament through the normal parliamentary scrutiny arrangements.