HC Deb 27 June 1952 vol 502 c226W
Mr. Mulley

asked the Chancellor of the Exchequer the capital value of applications approved, under consideration, and rejected, by the Capital Issues Committee for increases in capital for brick plants, clay roofing tile plants and concrete roofing tile plants, respectively, in the period from 1st January, 1952, to the latest convenient date.

Mr. R. A. Butler

One company making bricks received Treasury consent to bank borrowing of £125,000 on conditions. Another company making glazed tiles received permission to capitalise reserves, but no new money was involved. These are the only applications to the Capital Issues Committee since the beginning of this year which can be identified as falling within the specified categories. It must, however, be remembered that where less than £50,000 is involved application to the Committee would not normally be called for.