Draft Legislative Programme

The tax status of private equity is the subject of a review that the Treasury set up in March. It will report in time for the pre-Budget report. I think that my right hon. Friend knows that inequality is an issue in every advanced industrial country, but he should also know that the numbers of children and pensioners taken out of poverty in our country have been very substantial over recent years. We will continue to press forward our programme to get more children out of poverty and to ensure that every pensioner has dignity and security in retirement.