HC Deb 30 January 1948 vol 446 cc208-10W
Mr. D. J. Williams

asked the Chancellor of the Exchequer the estimated amount of the reduction in capital investment proposed for the South Wales Development Area.

Sir S. Cripps

Information is not available which would make it practicable to estimate the aggregate effect of the reduction in capital expenditure in terms of money or any other single unit except for the whole country as was done in the White Paper on Capital Investment in 1948 (Cmd. 7268).