§ Mr. Hicksasked the Chancellor of the Exchequer what he estimates the cost to the Exchequer would be of extending industrial building allowances to hotels.
§ Mr. Joel Barnett,pursuant to his reply [Official Report, 15th February 1978]:
Around £30 million a year for expenditure incurred from 1st April 1978, on the assumption that annual allowances were not also given on existing buildings.