§ Mr. Sheldonasked the Chancellor of the Exchequer what savings in Great Britain's defence expenditure across the exchanges have so far been made in the current year 1965–66.
Average size of house Labour, plant plus proportion of on-costs, overheads and profits Material plus proportion of overheads and profits Total cost Assumed rate of interest Loan charges on total cost sq.ft. £ £ £ % £ 1938–39* … 800 135 245 380 3¾ 16 1958 … 900 550 935 1,485 6⅛ 94 1964 … 920 850 1,450 2,300 6† 142 1965 (2nd quarter) … 930 1,000 1,600 2,600 6† 161 * Based on the first report of the Girdwood Committee on the Cost of House Building (H.M.S.O. 1948). † Based on P.W.L.B. "Quota" rate for annuity loan of more than 25 years.