§ Mr. Heddleasked the Chancellor of the Exchequer whether he will estimate the cost of extending industrial building allowances to premises for use in service industries.
§ Mr. RidleyIndustrial building allowances are already allowed for use, when appropriate, in service industries.436W If capital allowances were extended to commercial buildings at the same rate as for industrial buildings, the estimated cost in a full year is £1,100 million on the assumption that sufficient profits are available to absorb the allowances in full. If current levels of expenditure were maintained the annual cost would rise to an estimated £1,300, million by 1990.