§ Mr. Pikeasked the Secretary of State for Trade and Industry what effect he estimates the Budget proposals will have on the manufacturing industries in the north-west region during the remainder of the current year.
§ Mr. Giles ShawMy right hon. Friend's budget proposals are of substantial benefit to manufacturing industry in the north-west, by reinforcing economic and financial stability; by making possible a further reduction in interest rates; by giving individual taxpayers an added incentive to make the most of their skills and abilities at all levels in industry; and by further improving the fiscal treatment of small businesses.