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Supply Bottlenecks

Volume 897: debated on Monday 4 August 1975

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relief and ( c) the proportion of that relief granted to those subject to higher rates of tax.

The information for 1974–75 is as follows:prevent the development of supply bottlenecks in the British economy.

The Government are fully aware of the importance of this problem and have measures in hand which should lessen the harmful effects of supply bottlenecks. In the Budget £100 million was set aside for special industry schemes and investment projects. Following this, the Government intend shortly to produce schemes for ferrous foundries and other industries. The Government have a number of instruments, including those that will be provided by the Industry Bill, which they will use as appropriate to alleviate bottlenecks in capacity, materials components and labour skills which could occur in the next upturn.