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Bearing in mind that the decisions of the Capital Issues Committee have not produced universal satisfaction and that last year it dealt with over seventy cases per sitting, is not there a case for introducing the improvement I have suggested?
The scope of the Capital Issues Committee will fall, amongst other things, within the general review of the Radcliffe Committee. I do not think that we need have another Committee.
But is the right hon. Gentleman aware that he has just said that he does not propose to strengthen the Capital Issues Committee, thereby accepting that it requires to be strengthened?