HC Deb 04 February 1969 vol 777 c61W
Mr. Alison

asked the Chancellor of the Exchequer what evidence is now available as to the increase, the stability, or the decrease in the volume of internally generated funds available for company financing which has resulted from the corporation tax provisions of the Finance Act, 1965.

Mr. Harold Lever

The position has been affected by the change from investment allowances to investment grants. If allowance is made for this, figures published by the Board of Trade indicate that the funds available to quoted companies increased in 1967.