HC Deb 27 July 1965 vol 717 cc65-6W
Mr. Hamling

asked the Chancellor of the Exchequer whether he will now make a statement on the progress made in the last six months in reducing Government expenditure and the prospects of further progress in this field in the next two years.

Mr. Diamond

As my right hon. Friend the Secretary of State for Defence announced on 13th April, the decisions taken earlier this year on aircraft will save a minimum of £600 million. Further economies on Defence are being considered as part of the current Defence Review. We are examining the whole range of public expenditure in order to determine a proper order of priorities and, as part of this review, the Government have decided that the Defence Review target for 1969–70 should be fixed at £2,000 million at 1964 prices.