asked the Chancellor of the Exchequer whether it is his policy that hotel equipment should continue to be eligible for investment allowances.

I cannot anticipate the statement of the Government's intentions concerning incentives for investment and modernisation, which my right hon. Friend the Prime Minister referred to on 9th November.

As the Chief Secretary made disparaging remarks about the eligibility of hotel equipment in the debate on 15th June, will the Chancellor bear in mind that this is an important matter to the hotel and tourist industries, especially in Scotland?

I am sure that my right hon. Friend is well aware of those points.