§ 4. Mr. Ridley
asked the Minister of Power what is to be the curtailment in the capital expenditure programmes of each of the three nationalised industries under his control, as announced on 18th November, 1967.
§ Mr. Ridley
Why does not the right hon. Gentleman feel that if, in the long term, the level of investment in the nationalised industries as a whole is considered excessive, the proper course would be to adjust the test discount rate?