the restructuring of British industry, involving an overall reduction of output and productive capital and a conflict between large and small firms;
the need to control or influence a haphazard property market arising out of the increase in speculative office construction;
pressures to reduce state expenditure in so far as it represented a further unproductive charge on surplus-value.
KeywordsLocal Authority Public Expenditure County Council Share Capital Preference Share
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- 1.D. B. Chynoweth, ‘CRIS — A New Venture for Superannuation Fund Investment’, Local Government Chronicle (26 March 1976).Google Scholar