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CONTROL OF BRITISH WOOL INDUSTRY

(Rec. 7.20 p.m.) LONDON, May 17. The United Kingdom wool industry is now subject to direct measures for the concentration and reduction of production, despite the fact that the rationing of raw material supplies has been severe since the outbreak.

Numbers of factories are being closed under the “voluntary” plan. A levy will be imposed on the surviving factories to compensate the closed firms for liabilities which cannot be met from other sources. Sales to home industries are now limited to 30 per cent, of the pre-war figure. The rayon industry is also subjected to restrictions.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19410519.2.75

Bibliographic details

Southland Times, Issue 24438, 19 May 1941, Page 8

Word Count
101

CONTROL OF BRITISH WOOL INDUSTRY Southland Times, Issue 24438, 19 May 1941, Page 8

CONTROL OF BRITISH WOOL INDUSTRY Southland Times, Issue 24438, 19 May 1941, Page 8