Manufacturing Investment

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 2:30 pm on 5th April 1995.

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Photo of Jonathan Evans Jonathan Evans Parliamentary Under-Secretary (Department of Trade and Industry) 2:30 pm, 5th April 1995

I think that my hon. Friend will be aware of the loan guarantee scheme, which is run through the Department of Trade and Industry. Changes were introduced in the Budget, to do with capital gains tax reinvestment, single company personal equity plan schemes and employee share schemes. A number of measures were taken to help investment, but I very much take on board the point that my hon. Friend makes. We are looking to the banks to make their contribution as well.