§ 63. Viscount Hinchingbrookeasked the Chancellor of the Exchequer what is the latest estimate of the out-turn of food subsidies at the end of the financial year 1948–49.
§ Sir S. Cripps£484 million.
§ Viscount HinchingbrookeIs the Chancellor aware that there is a grave discrepancy between this figure of £484 million which he has just given, and that given in his answer in September to the effect that there would be anticipated savings in the coming year enabling the subsidy to come out at £470 million at the end of the financial year? Has he any comment to make on this deplorable trend?
§ Sir S. CrippsThis is due, of course, to the increase in prices.