Schedule 12
Finance Bill
11:15 am
Kitty Ussher (Economic Secretary, HM Treasury; Burnley, Labour)
I am grateful to the hon. Gentleman for his question, which is very prescient. The answer is simple: we are in continuous dialogue with the various parts of the asset management industry. It is precisely because of that relationship of trust and close dialogue that they alerted us to the fact that this was taking place. Obviously, we have our own experts and lawyers and we seek to consult as widely as possible and as much as possible. We will always take prompt action where required.