Proceeding contribution from Nicholas Winterton (Conservative) in the House of Commons on Wednesday, 21 March 2007. It occurred during Budget debate on Budget resolutions.
AMENDMENT OF THE LAW
The Chairman of the Treasury Committee is talking about a hugely important issue. While there might seem to be some advantage in UK companies being taken over, is the distinguished right hon. Gentleman aware of the amount of profit that is made by overseas companies that take over UK companies and that is then remitted overseas, rather than remaining in this country for the benefit of our United Kingdom economy? This is a critical issue; we are, indeed, selling our family silver.
Secondary information
- Type
- Proceeding contribution
- Reference
- 458 c842
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Budgets Economic situation Public expenditure Taxation Budget March 2007
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 12:17:50 +0000
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