§ Mr. Lawsonasked the Chancellor of the Exchequer if he is still content with
392Wance company payments, of interest, profits and dividends between the United Kingdom and each member State of the European Community.
§ Mr. Robert SheldonThe available estimates of interest, profits and dividends from direct investment between the United Kingdom and each member State of the European Community are as follows:
the projection of the relative price effect in table 5.5 of Cmnd. Paper No. 7049-II; if not, what changes he would make for 1978–79 and 1979–80; and whether he will indicate for the current and subsequent years that allowance which must be made for pay settlements such as those for the Armed Forces which were agreed after the figures in the White Paper were settled.
§ Mr. Joel BarnettThe estimates in table 5.5 of Cmnd. 7049-II illustrated the cost terms implications of the Government's expenditure plans. None of the estimates should be regarded as a forecast for a specific year. Our overall view of the relative price effect has not substantially changed. It is not significantly affected by pay settlements agreed after the figures in the White Paper were settled.
§ Mr. Lawsonasked the Chancellor of the Exchequer if the Government remain committed to the planned limits on total public expenditure, the contingency reserve, total expenditure on programmes and provision for net overseas and market borrowing of nationalised industries as set out for each financial year between 1978–1979 and 1981–82 in table 1 of the public expenditure White Paper (Cmnd. Paper No. 7049-I.)
§ Mr. Joel BarnettYes. As explained in Cmnd. 7049, plans for the later years are increasingly provisional and are reviewed in successive annual surveys.