Casinos

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 25th June 1998.

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Photo of Andrew Dismore Andrew Dismore Labour, Hendon 12:00 am, 25th June 1998

Is my hon. Friend aware that, after the Budget announcement on gaming duty, Mr. Alan Goodenough, chief executive of London Clubs International, informed his staff that their pay increases and promotion prospects were under threat, and asked them to write to their Members of Parliament to complain? Is she also aware that, as revealed by the Daily Mirroron 1 June, at the same time Mr. Goodenough was busy awarding himself a 110 per cent. pay increase, taking his earnings to £851,000, and awarding three other directors pay increases of 90 per cent. plus?

Does the Financial Secretary agree that that example of double standards in the casino industry reveals that it can well afford to pay the modest tax increases that she announced? Does she further agree that staff of London Clubs International would be best advised to say to their chief executive that what is good enough for him is good enough for them, and that the directors, instead of awarding themselves fat-cat pay increases, should look after the interests of their staff?