§ Mr. Hal Millerasked the Secretary of State for Industry on what basis the competing claims for investment funds of nationalised industries under his Department's sponsorship are assessed.
§ Mr. Adam ButlerIndustries should appraise their projects, wherever practicable, against a required return on their new investment as a whole of 5 per cent. in real terms. In assessing competing claims the Government essentially have regard to the potential benefits to the economy as a whole.