HC Deb 28 June 1967 vol 749 c103W
Mr. Barnett

asked the President of the Board of Trade what will be the estimated additional cost in 1967–68 of the decision to bring forward the date of payment of the investment grant from 18 months to 12 months from the date of purchase.

Mr. Jay

This depends not only on the level of investment but also on the rate at which claims are made. The best estimate I can make at present is about £60 million a quarter.