HC Deb 16 March 1970 vol 798 c6W
Mr. Sheldon

asked the Minister of Technology what is his estimate of the cost of reducing the repayment period of investment grants by three months in the financial year 1970–71.

Mr. Carmichael

If claims on an additional quarter's investment expenditure were all presented and paid during the financial year, I estimate that the cost would be of the order of £150 million.