§ 1. Mr. Roy Jenkins
asked the Chancellor of the Exchequer if in accordance with his new plans, he will publish revised estimates of the various destinations of the products of the metal industries given in paragraphs 74–80 of the Economic Survey of 1952.
§ The Chancellor of the Exchequer (Mr. R. A. Butler)
Since the estimates referred to relate mainly to the calendar year 1952, they are not likely to be seriously affected by any new plans made since the publication of the Economic Survey. It is clear, however, that the eventual reduction in civil investment in plant, machinery and vehicles will be considerably less than the Survey estimated. This is mainly because home deliveries of motor vehicles have been higher than allowed for.
§ Mr. Jenkins
Will not the changes which the right hon. Gentleman announced in the defence debate on 29th July have a certain effect on the destinations of the products of the metal industries?
§ Mr. Butler
I cannot go further than the answer which I have given, although, of course, all these different adjustments will appear as future figures are brought out.