Part of the debate – in the House of Commons at 12:00 am on 17 April 1978.
Perhaps I can raise here a party political angle, which worries me. It is that all this is very jolly, and these concessions are very handsome—£200 million is no doubt welcome to these companies—but what guarantee have the Government, having handed out all this cash to small businesses, that they will expand, invest more and provide more jobs? As far as I can see, there is no sanction whatever to require them to do these things in exchange for the money.