§ 47. Mr. Parkasked the President of the Board of Trade what representations from British industries have been received by his Department on the effects of the import surcharge and the export rebate; and what replies he has sent.
§ 54. Mr. Jacksonasked the President of the Board of Trade whether he will make a statement concerning the effect of the import surcharge and the benefit of the export rebate to British industry.
§ Mr. JayRepresentations from British industry about the import charge have largely been concerned with its effects on the cost of semi-manufactured materials, components and equipment needed by industry. These representations were fully considered by the Government in reaching the decision to reduce the charge announced by my right hon. Friend the Chancellor of the Exchequer on 22nd February. The export rebate scheme has been generally welcomed by British industry.