HC Deb 12 February 1969 vol 777 c308W
60. Mr. Hall-Davis

asked the President of the Board of Trade what estimate he has made of the effect of manufacturing industry's investment intentions for 1969 and 1970 on the rate of disbursement of investment grants.

Mr. Dell

The trend of manufacturing industry's investment in 1969 and 1970 eligible for investment grants is expected to rise considerably and to be reflected in grant payments in 1970 and 1971. This and other factors which affect the rate of disbursement of investment grants will be taken into account in preparing estimates for those years.