§ Mr. Gordon PrenticeTo ask the Chancellor of the Exchequer what assessment he has made of the economic implications of the entry of dot.com companies into the FTSE 100. [114997]
§ Miss Melanie JohnsonChanges in the composition of the FTSE 100 reflect market valuations of UK companies.
As the Prime Minister explained in a recent speech, the challenges and opportunities presented by the growth of e-commerce apply to all businesses, in all sectors of the economy. The Government recognise the importance of these developments and have set a target of making the UK the best place for e-commerce in the world by 2002.