asked the Secretary of State for Industry what means the Government are adopting to encourage the development and application of new technology in British industry.

The Government aim to encourage the development and application of new technology in British industry by a tax system which rewards success, by abating inflation, maintaining competition and leaving unclaimed by Government spending plenty of resources at low rates of interest. During the transition financial assistance from the taxpayer is available through schemes such as the microprocessor application project (MAP), the microelectronics industry support scheme (MISC) and the product and process development scheme (PPDS).