HC Deb 22 February 1973 vol 851 c194W
26. Mr. Duffy

asked the Chancellor of the Exchequer if he is satisfied that the present level of investment in manufacturing industry is sufficient to sustain the 5 per cent. taxed rate growth.

Mr. Nott

I am confident that there is sufficient spare capacity in manufacturing to sustain a fast growth rate for some time to come. Nevertheless a higher level of investment than at present is essential in the long run.