HC Deb 27 April 1971 vol 816 c57W
15. Mr. Parkinson

asked the Chancellor of the Exchequer what effect his Budget will have on the level of industrial investment; and if he will make a statement.

Mr. Barber

The Budget proposals will stimulate industrial investment through the improvement in confidence and the prospect of improved profits generated by the increase in the overall level of demand, the cuts in taxation, and the proposals for tax reform.

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