§ Mr. Hugh Jenkins
asked the Chancellor of the Exchequer what estimate he has made of the extent to which the financial proposals in his Budget will result in a more even distribution of personal incomes.
§ Mr. Diamond
It is estimated that, in a full year, the Budget will have the effect of reducing the degree of inequality of incomes, as measured by the Gini coefficient, by 1¾ per cent. with 3s. increase in family allowance, or 2 per cent. with 10s. increase.