Pay Settlements

Mr. Kilroy-Silk
asked the Chancellor of the Exchequer how many firms are being subjected to sanctions or are on a sanctions list for breaking the terms of the voluntary pay code.

Mr. Robert Sheldon
I am glad to say only 11. Many other firms have voluntarily renegotiated settlements which might otherwise have called for invoking discretionary powers.

Mr. Nicholas Winterton
asked the Chancellor of the Exchequer what speci-