24. Mr. Morrisasked the Chancellor of the Exchequer if he will consider instituting a licence-to-trade scheme in order to reduce the black economy.
§ Mr. Bruce-GardyneI am obliged to my hon. Friend for this suggestion. I have some doubts about the acceptability of such procedures on general grounds; nevertheless, a reduction in the scale of the black economy is important and we will certainly study my hon. Friend's proposal from this point of view.