§ 111. Mr. Costainasked the President of the Board of Trade whether the White Paper on Investment Incentives, Command Paper No. 2874, still represents Government policy as regards financial incentives in industry; and if he will make a statement.
§ Mr. Darling:Yes. The main purposes of the investment grants scheme are to give priority to increasing investment in those sectors of the economy which can do most to strengthen the balance of payments and to encourage investment in the development areas. Those objectives remain of primary importance at the present time.
§ Mr. Costainasked the President of the Board of Trade what estimate he has made of the amount of investment grants to be paid out in 1967.
§ Mr. Darling:£200 million.