§ Mr. MacArthurasked the Chancellor of the Exchequer what estimate he has made of the impact of his recent proposals on the lost of living in Scotland.
§ Mr. Harold LeverNone. I estimate that the effect of any proposals will be to raise the retail price index, which relates to the country as a whole, by 2½ to 3 per cent.
24Wa rule the foreign currency liabilities have a higher sterling equivalent and the sterling liabilities have a lower foreign exchange equivalent. The loan and credit liabilities of H.M.G., whose sterling cost has been affected by devaluation are:—
§ Mr. MacArthurasked the Chancellor of the Exchequer what consultations he has had with the voluntary welfare organisations in Scotland regarding the impact of his recent measures on the living costs of pensioners and other low income groups.
§ Mr. CallaghanNone.