52. Mr. Bittenasked the Chancellor of the Exchequer what representations he has received from the Confederation of British Industry regarding measures to be taken in his forthcoming Budget; and what reply he has sent.
§ Mr. Roy JenkinsI received representations from the C.B.I. about the Budget which the C.B.I. have since made public. At my invitation, representatives of the C.B.I. had a meeting with me on 11th February at which they elaborated on their representations. I told them that I would bear their suggestions in mind when framing my Budget proposals.
64Wamount of aid, grants, subsidies, etc., given from central Government funds to the private sector of British industry for the years 1962, 1963, 1964, 1965, 1966, 1967 and the estimate for 1968; and if he will give details of these sums in the OFFICIAL REPORT.
§ Mr. DiamondThe total financial assistance, provided to private industry in the form of grants, subsidies, etc. in the years in question, including investment grants and regional employment premiums in the last two years, and Selective Employment Tax additional payments in the last three, was:
£ million 1962–63 … 11 1963–64 … 11 1964–65 … 23 1965–66 … 20 1966–67 … 67 1967–68 (provisional) … 498 1968–69(estimated outturn) … 609 Following are the details
§ 55. Mr. Dalyellasked the Chancellor of the Exchequer what general consideration he gives to the costs of collecting specific forms of revenue in framing his Budget proposals.
§ Mr. DiamondThe cost of collection is always one of the factors considered.