§ Mrs. Wiseasked the Chancellor of the Exchequer whether he will list the factors being taken into account in estimating the increase in unemployment expected to result from the measures announced by the Chancellor of the Exchequer on 22nd July; and if he will quantify the effect of each factor.
§ Mr. Denzil DaviesThe effects were calculated by means of the Treasury's macro-economic model. A full description of the model is given in the technical manual, a copy of which has been placed in the Library of the House.