§ Mr. Adleyasked the Chancellor of the Exchequer if he is yet able to monitor any movement on investment in new hotel construction, pursuant to the granting of industrial building allowances to hotels.
§ Mr. Denzil Davies,pursuant to the reply [Official Report, 20th November 1977], gave the following answer:
No. It is too early to be able to judge the effect of the new capital allowances.