§ 31. Mr. Hicksasked the Chancellor of the Exchequer what would be the estimated annual cost to public funds of 757W allowing hotels to be eligible for industrial building allowances; and if he will give consideration to the proposal.
§ Mr. Robert SheldonThe cost of extending the industrial buildings allowance to hotel buildings is estimated to be somewhere about £25 million in a full year. I see no reason to provide capital allowances for hotels which are not available in respect of other commercial buildings.