North-East (Investment)

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 12:00 am on 7th February 1972.

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Mr. Bob Brown:

I am sure that the Under-Secretary does not need me to tell him that the North-East is one of the most attractive areas of our country, but does he realise that the problem referred to by my hon. Friend the Member for Consett (Mr. David Watkins) lies in the fact that private industry is not coming in as it did before 1970, because of the stopping of the investment grant? Will the hon. Gentleman try to persuade his right hon. Friend to reconsider this action in view of the damaging effect it is having on regional policies?