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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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That brings me back to the importance of the stock appreciation provisions and of their continuance for at least a further year. We should not have to wait until next April for being told the Government's proposals for stock appreciation. No doubt they will be very complicated proposals which we shall have to study carefully in Committee. Whatever the provisions are, and to the extent that they are less good than the stock appreciation provisions in the Bill, there will be a considerable continuing strain on the financing of industry.