§ Mr. George Rodgersasked the Secretary of State for Industry if he will review the system of indiscriminate subsidy to private industry.
§ Mr. Gregor MackenzieI have nothing at present to add to the statement made by my hon. Friend the Minister of State, Department of Industry on 29th April— [Vol. 872, c. 347–8]—in which he referred to the continuance of existing regional incentives but explained that the Government would seek powers in the new Industry Bill to introduce a system of planning agreements with major companies.