Orders of the Day — Dividends Bill

Part of the debate – in the House of Commons at 12:00 am on 27 July 1978.

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Photo of Mr Richard Wainwright Mr Richard Wainwright , Colne Valley 12:00, 27 July 1978

The right hon. Gentleman knows that Liberals, too, asked for answers to the questions put by the right hon. Member for Chipping Barnet (Mr. Maudling). I ask the right hon. Gentleman to consider whether he has been entirely frank with the House when he speaks of his doubts about a voluntary dividend policy. To what extent did he entertain the use of some sanctions against spectacularly gross dividend increases as he is prepared to have, and which we have supported, on pay increases? Let the right hon. Gentleman be frank. He has had our support on sanctions.