Fair Taxation of the Wealthy
Opposition Day — [17th allotted day]
Vincent Cable (Shadow Chancellor, Treasury; Twickenham, Liberal Democrat)
The hon. Gentleman is right, and I am sure that those firms would say that as long as the system permits it, why should they not pursue fee income from their clients? The only way to prevent that would be to have the kind of rule that has been described. It is my understanding that the Government want to move in that direction. Will the Minister tell us how far they have got?