§ Mr. Lathamasked the Secretary of State for the Environment what representations he has received from construction industry sources about a possible capital moratorium; and what response he has given.
§ Sir George YoungI refer my hon. Friend to the answer given by my hon. Friend the Minister for Housing and Construction to the hon. Member for Islington, South80W and Finsbury (Mr. Smith) on 13 June at columns 912–14. The group of eight has written to my right hon. Friend, expressing its concern about the possibility of a moratorium. My right hon. Friend has replied, pointing out the hypothetical nature of its concern, but reassuring it that the interests of the construction industry will be kept very much in mind.