HC Deb 06 June 1967 vol 747 cc164-5W
62. Mr. Hugh Jenkins

asked the Chancellor of the Exchequer, in view of the proposals of the Rugby Portland Cement Company to move capital abroad, of the Shell Transport Company to move overseas if the price of North Sea Gas is not increased, and of the Albright and Wilson group to move their activities abroad, he will strengthen his restrictions on the investment of private capital overseas.

Mr. MacDermot

The present restraints on overseas investment are working satisfactorily and do not need strengthening.