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Investment Allowances (Confederation Of British Industry)

Volume 728: debated on Thursday 12 May 1966

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asked the President of the Board of Trade what representation he has had from the Confederation of British Industry on the proposals for investment incentives contained in Command Paper No. 2874.

The Confederation of British Industry has made representations to the Government both on the desirability of replacing investment allowances by investment grants and on specific aspects of the White Paper proposals. These, together with other suggestions from the C.B.I. for the operation of the scheme, have been the subject of extensive discussions with the Confederation.