§ Mr. Garro Jonesasked the Chancellor of the Exchequer whether, before framing his Budget, he will consider the views of the spending Departments as to the great value of the 100 per cent. Excess Profits Tax as a deterrent against excessive quotations especially in that substantial proportion of contracts placed without competitive tender?
§ Sir K. WoodMy hon. Friend will not expect me to anticipate my Budget statement but he can rest assured that I shall take account of all relevant considerations both in regard to Excess Profits Tax and upon other questions which have to be reviewed.