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Machine Tool Industry

Volume 836: debated on Saturday 4 March 1972

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Q16.

asked the Prime Minister whether he is satisfied with the co-ordination between the Secretary of State for Trade and Industry and the Secretary of State for Employment in the administration of the financial assistance to the machine tool industry provided in the budget.

Yes. The aim of the scheme is to add £9–£10 million to the industry's order book over the next six months while the Government's other measures to stimulate investment are working through the economy.