§ Mr. Gallacher
asked the President of the Board of Trade what will be the effect of the cuts in capital expenditure on the new factories now under construction in Wales, including the number which will be abandoned or postponed.
§ Sir S. Cripps
I have been asked to reply. Industrial building projects in progress in Wales number 268, valued approximately at £30½ million. The review of factory building announced in the White Paper on Capital Investment in 1948 (Cmd. 7268, page 12) is not yet completed, but up to date licences have been revoked, and consequently further building postponed, on 11 projects in Wales to a value of just under £300,000.