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Finance Bill

My Lords, I thank the Minister for giving way. He refers to the report from the Pensions Policy Institute, which I have read. It is clear that the author has no comprehension of the connection between dividend payments and share price. He says that the Government claimed that ACT relief, when it was available—properly, in my view—encouraged companies to distribute more of their profits as dividends and reinvest less in their own businesses. Will the Minister predict what would happen to share prices if companies paid zero dividends and reinvested all their profits in the business?