§ Mr. Buchanan-Smithasked the Chancellor of the Exchequer what estimate he has made of the value to agriculture and horticulture of the higher initial allowances.
§ Mr. CallaghanThe saving of tax to agriculture and horticulture from increasing initial allowances from 10 per cent. to 30 per cent. on plant and machinery not qualifying for investment grants is estimated at about £1 million for a full year.