§ 59. Mr. David Reedasked the Secretary of State for Trade and Industry what representations he has received to date from individual firms concerning the change from investment grants to investment allowances; and how many have been in favour and how many against the change.
§ Mr. John DaviesThere have been few representations on the policy of changing from investment grants to a system of capital allowances against taxation but a number of firms have approached the department about the effect of the transitional arrangements for ending investment grants on particular programmes of work.