Schedule 8 - Insurance and mutual trading companies
Finance Bill
11:30 am

Photo of Mr Mark Field

Mr Mark Field (Cities of London and Westminster, Conservative)

I was intrigued by the comments of my hon. Friend the Member for Fareham and the Economic Secretary. Will my hon. Friend comment on the fact that the initial consultation exercise suggested that the portfolio holding should be at the level of 30 per cent.? Perhaps that lets the cat out of the bag as to the Government's real intentions.

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