HC Deb 08 May 1968 vol 764 c92W
71. Mr. David Watkins

asked the President of the Board of Trade if he will take steps to retain the 45 per cent. investment grant on plant and machinery in development areas after 31st December, 1968.

Mr. Crosland

No. The increased rates were designed to give an additional stimulus to qualifying investment by industry during 1967 and 1968.