HC Deb 02 July 1968 vol 767 cc201-2W
46. Mr. Tom Boardman

asked the Chancellor of the Exchequer by how much on present plans public expendi- ture in 1969–70 will fall short of the targets set out in the National Plan.

Mr. Roy Jenkins

The National Plan estimate for public expenditure in 1969-70 (excluding debt interest and nationalised industries' capital investment, but including a contingency allowance of £100 million) was £13,295 million at 1965 Survey prices. The Government's present plans for 1969–70 are shown by the estimates in Cmnd. 3515. Adjusting to the 1965 price basis, this gives a comparable total (i.e. excluding S.E.T. additional payments, R.E.P. and investment grants) of £13,352 million.