§ 36. Mr. McMasterasked the Chancellor of the Exchequer whether he will consider widening the scope of fiscal incentives to new manufacturing industries which become established in Northern 147W Ireland to include a form of graduated tax relief for a fixed number of years after they commence business.
§ Mr. MaudlingWhile noting my hon. Friend's suggestion I would remind him that the proposals for improved capital and depreciation allowances which I announced on 5th November last are designed to encourage further investment in manufacturing and productive industry generally in the United Kingdom.
§ 39. Mr. McMasterasked the Chancellor of the Exchequer whether he will refer the problem of suggesting new ways of encouraging a greater diversification and expansion of industry in Northern Ireland to the National Economic Development Council.
§ Mr. MaudlingThe National Economic Development Council is at present considering the problems of areas with a high level of unemployment including Northern Ireland as part of its study of a national growth objective.