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Stock Appreciation

Part of Orders of the Day — FINANCE (No. 2) BILL – in the House of Commons at 12:00 am on 16th July 1975.

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Photo of Mr Peter Hordern Mr Peter Hordern , Horsham and Crawley 12:00 am, 16th July 1975

Will my hon. Friend not agree that if there is no continuation of this relief and in so far as there is no continuation of it or, indeed, any alteration of it, the impact of such a change is bound to be very severe on industry and on business? If there is any reduction in the flow of funds towards the private sector because of the size of the public sector, the strain upon the private sector will be even greater than it was before. That is the sense which lies behind the new clause.