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Motor And Construction Industries

Volume 885: debated on Thursday 30 January 1975

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asked the Chancellor of the Exchequer if he has any proposals for preventing rising unemployment in the motor car and construction industries.

We have already assisted British Leyland with a bank guarantee of £50 million. We have also allocated additional money for public sector housing and public sector construction, in addition to loan facilities to the building societies. Both sectors will also share in the general benefits to company finance brought about by my right hon. Friend's November measures. The Government are keeping the position in both these industries under constant review.