§ 8 and 9. Mr. Boyden
asked the Chancellor of the Exchequer (1) what financial measures he is considering to effect greater stability in the building industry;
(2) what administrative measures he is considering to effect greater stability in the building industry.
§ Mr. Diamond
I recognise the present difficulties of the building industry and am keeping a close watch on the situation. As to stability, the best basis is the maintenance of a strong and steadily growing economy. As to administrative measures, I understand that my hon. Friend the Minister of State (Mr. Urwin) has written to my hon. Friend about his earlier suggestions.
44. Mr. R. C. Mitchell
asked the Chancellor of the Exchequer what proposals for a reduction of taxation on the building industry he is now considering.