HC Deb 22 November 1967 vol 754 cc347-8W
74. Mr. Haseldine

asked the President of the Board of Trade what action is being taken to reduce the import of domestic electrical equipment; and how far he estimates that such similar equipment being produced in the United Kingdom development areas and attracting the regional employment premium will now be able to compete with imported equipment.

Mrs. Gwyneth Dunwoody

Devaluation will fundamentally alter the competitive position of this industry and will provide conditions in which it should substantially improve its share of both home and export markets, especially for firms in development areas attracting the regional employment premium.