Local Authorities (Investments)

Part of Oral Answers to Questions — Industry, Trade and Regional Development – in the House of Commons at 12:00 am on 11 June 1964.

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Photo of Mr Michael Maitland Stewart Mr Michael Maitland Stewart , Fulham 12:00, 11 June 1964

asked the Secretary of State for Industry, Trade and Regional Development whether he is aware of the anxiety of certain local authorities, some of whose funds are invested in equities, that they may thereby become unwilling contributors to the funds of political parties; and whether he will introduce legislation requiring these companies with whom local authority funds are invested to disclose the extent to which they make such contributions.

Secretary of State

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