HC Deb 10 November 1970 vol 806 c138W
Mr. James Hamilton

asked the Chancellor of the Exchequer (1) whether he will give the net cost to an investor in a development area per £1,000 gross expenditure under the incentives before and after the proposals of 27th October; and if he will make a statement;

(2) if he will give the net cost to an investor in a non-development area per £1,000 gross expenditure under the incentives allowance before and after the proposals of 27th October; and if he will make a statement.

Mr. Higgins

The answers to the hon. Member's Questions must depend on a number of factors which include the nature of the industry concerned, the pattern of the investment expenditure and profitability. In the case of an investment in a development area, the amount and form of any assistance received under the Local Employment Acts is also relevant.

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