§ Mr. McQuarrieasked the Chancellor of the Exchequer if he has any plans to amend section 28 of the Finance Act 1978 in order that the benefits of this section can be applied to the fishing industry; and if he will make a statement.
§ Mr. Peter Rees[pursuant to his reply, 3 July 1980, c. 678]: I have noted this suggested. In general, however, I believe that it is more important to reduce tax rates generally than to introduce further preferential arrangements for particular sectors of industry.