HC Deb 15 July 1958 vol 591 cc988-9
20. Mr. Roy Jenkins

asked the Chancellor of the Exchequer whether he has studied the results of the recent survey into business prospects conducted by the Federation of British Industries a copy of which has been sent him; and what measures to correct the situation revealed he proposes to take.

Mr. Amory

I have studied the result of the inquiry into industrial trends, conducted by the Federation of British Industries, with interest, and welcome its initiative in conducting it. As regards the second part of the Question, I would refer the hon. Member to my statement of Thursday, 3rd July.

Mr. Jenkins

Yes, but as it is clear from this extremely interesting and informative survey that the majority of firms in British industry have a substantial excess capacity at present, what measures does the Chancellor propose to bring that capacity into use?

Mr. Amory

The actions which the Government have taken in the past few months show that we have been very alert in ensuring that our policies are modified whenever necessary in the light of changing circumstances.