Mr. Vaneasked the Chancellor of the Exchequer the total value of surplus war stores sold since 1945; and how far the proceeds have been treated as capital or as general revenue.
§ Mr. R. A. ButlerTotal disposals of surplus war stores (as distinct from fixed capital assets) amounted to £880 million during the years 1945–46 to 1952–53. The greater part of the proceeds was brought into the Exchequer as receipts from the sale of surplus war stores. It is not possible to identify the extent to which the receipts were used to defray capital and recurrent expenditure respectively.