Finance Bill

Part of Orders of the Day — Finance Bill – in the House of Commons am 12:00 am ar 17 Gorffennaf 1974.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Maurice Macmillan Mr Maurice Macmillan , Farnham 12:00, 17 Gorffennaf 1974

Will the right hon. Gentleman say a little more about the availability of export demand? He explained why liquidity and cash problems and this extra advance on corporation tax were not affecting company investment. One reason that he gave was that export demand was available. He used that phrase as if it was just sitting there, waiting for someone to get it. However, those of us who export find that we have to invest first in order to be able to be certain of meeting any demand that our efforts create. It is this prior investment which concerns us, and it is this factor which the right hon. Gentleman's explanation, admirable though it may have been in other directions, seemed to neglect.