26. Captain CAZALETasked the Chancellor of the Exchequer what would be the cost to the Exchequer of restoring the full cuts imposed by the second Budget of 1931, including full restoration to the unemployed, based on the figures prevailing on 1st January this year or at the most convenient date?
§ Mr. HORE-BELISHAIn a reply given to the hon. and gallant Member for Keighley (Captain Watt) on the 23rd November the total cost of restoring the cuts to which my hon. and gallant Friend refers was stated as about £23,000,000. A revision of this calculation at the present time would show a slightly lower figure and some part of the total cost would fall on the Unemployment Insurance Fund.
Captain CAZALETMay I ask whether that figure includes or excludes the reduction in the pay of civil servants fixed on the cost-of-living basis?
§ Mr. HORE-BELISHAI have answered the question on the Paper as to what will be the cost to the Exchequer to restore the cuts.