HC Deb 29 July 1975 vol 896 c458W
Mr. Ralph Howell

asked the Chancellor of the Exchequer if he will show the annual percentage increases since 1950 in gross national product and in total public sector expenditure, distinguishing between public expenditure on goods and services, on transfer incomes and on investment.

Mr. Joel Barnett

Following is the information:

Kingdom goods to remain competitive on domestic as well as on international markets, and our industrial policies, which should help to improve the efficiency of British industry. In addition, we will need to try to prevent the development of the supply bottlenecks which have bedevilled us in the past. The increasing availability of North Sea Oil will also have an important rôle to play.

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