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Corporate Liquidity

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 13th June 1974.

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Photo of Mr John Biffen Mr John Biffen , Oswestry 12:00 am, 13th June 1974

When watching the situation will the right hon. Gentleman bear in mind that there is a malaise among British industrial and commercial managements, which amounts almost to a crisis of confidence? This derives partly from the belief that the Government are unaware of the serious cash difficulties in British industry and the belief that there is hostility to the profit motive among many Labour Members and appropriate anxiety about the intervening ambitions of the Secretary of State for Industry.