The Economy

Part of Opposition Day – in the House of Commons at 6:07 pm on 29 June 1998.

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Photo of Shaun Woodward Shaun Woodward Conservative, Witney 6:07, 29 June 1998

As the hon. Gentleman has such high moral views on the subject, will he comment on the remarks made earlier today by my right hon. Friend the Member for Horsham (Mr. Maude)? Having castigated those involved in the water industry, what is his response to Mr. Gavyn Davies's reaping a £16 million benefit from changes that the Labour Government have made to capital gains tax? Does the hon. Gentleman applaud Mr. Davies for doing that, or does he think that he should hand the money back, as he would have those working in the water industry do?