BRITISH FIRMS SEEK SITES IN DOMINIONS
keceived Sundav, 7 p.m. LOXDON, April 26. , Firms all over Britain are seeking to avoid repetition of the winter 's fue) crisis losses bv opening braneh factories and oftices in Australia, Oanada and South Africa, but the Treasury will not periiUiti a tran,sf,er from. Bra.t.qin of the necessary capital, says the Sun (lav Express. A Treasury otlicial sa"id: "The Foreign Exchange Board at the Bank of Eugland (leals with each case entirely on its merits. Tlie desire oi fu'ms to insure against a future fuel shortage or avoid the possible eifects of nationalisation are not sutficient reasons to permit sucli emigration. " The Sunday Express adds that never tlieless firms prefer to keep their naines registered with the Dominions auth orities in the hope that the fettersi,may be loosened.
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Chronicle (Levin), 28 April 1947, Page 5
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134BRITISH FIRMS SEEK SITES IN DOMINIONS Chronicle (Levin), 28 April 1947, Page 5
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