HC Deb 11 December 1962 vol 669 c56W
Mr. W. Clark

asked the Chancellor of the Exchequer what percentage of the gross national product has been invested for the last five years separately to 31st March, 1962; and what information he has been given about similar percentages for West Germany, Italy, France, Japan, Norway, Sweden and the United States of America.

Mr. du Cann

The following table shows gross fixed investment in the United Kingdom expressed as a percentage of gross national product at factor cost, with similar figures for the other countries mentioned. The figures for these other countries have been calculated from returns made to the Organisation for Economic Co-operation and Development and to the United Nations. While the figures are as far as possible on a consistent basis, there may still be some differences in definition and coverage which would affect comparisons between one country and another but not the year-to-year trends. All the figures relate to calendar years.

to the Exchequer if the child allowance were granted, first, in all cases irrespective of the child's income; and secondly, in an amount equal to the satutory allowance less that amount by which the child's income exceeds the present income limit of the child.

Mr. Barber

About £20 million and about £8 million respectively in a full year.