§ 6. Mr. Michael Shaw
asked the Secretary of State for Economic Affairs what discussions he has had with the National Economic Development Council about methods of encouraging a higher rate of investment in industry; and with what result.
§ Mr. Dickens
Notwithstanding that Report, has my right hon. Friend seen Mr. Fred Catherwood's recent remarks that, unless this country steps up the level of investment markedly in the early future, technologically we shall miss the bus in the 1970s? Does not my right hon. Friend agree that one foundation 746 for investment is a sustained economic growth of about 6 per cent. this year, next year and henceforward?