HC Deb 13 April 1973 vol 854 cc392-3W
Mr. Deakins

asked the Secretary of State for Trade and Industry what Her Majesty's Government are doing to encourage a higher rate of private investment in United Kingdom manufacturing industry.

Sir G. Howe

We have provided a powerful system of investment incentives and an economic climate which is very favourable to investment and growth.

Mr. Deakins

asked the Secretary of State for Trade and Industry what studies his Department has made into the reasons for low private investment in United Kingdom manufacturing industry, as compared with other industrial countries.

Sir G. Howe

This has naturally been the subject of examination, together with other aspects of our relative economic performance.