HC Deb 06 February 1968 vol 758 c74W
72. Mr. John Hall

asked the Chan-of the Exchequer what study he has made of the type of investment up to£50,000 or 50 per cent. of the total investment, whichever is more, the prospective benefit from which to the United Kingdom balance of payments will equal or exceed the total cost of the investment within 18 months and will continue thereafter; and if he will make a statement.

Mr. Roy Jenkins

Experience over a long period shows that modest investments in overseas sales organisations and similar projects frequently produce receipts to this country from additional exports exceeding the amount invested within a very short time. Many reports from overseas posts, and from industry, have suggested that more encouragement is needed for investments of this type as part of our export drive.