§ 34. Mr. David Howellasked the Chancellor of the Exchequer whether he will 46W now review the financial implications of the current system of investment grants with a view to establishing tighter Treasury control.
§ Mr. William RodgersMy right hon. Friend has both the economic and the financial implications of the present system of investment incentives fully in mind, but we do not control the investment decisions of private industry which affect the level of grant expenditure.