§ Mr. Adleyasked the Chancellor of the Exchequer (1) if, pursuant to his answer to the hon. Member for Bodmin (Mr. Hicks) on 17th February, he will give a breakdown of itemised costings he has used to calculate the figure he has quoted as being the national tax cost in the event of individual building allowances to new hotel buildings;
(2) pursuant to his Written Answer to the hon. Member for Bodmin (Mr. Hicks) on 17th February, what he has estimated to be the cost of a new hotel bedroom which he used in his arithmetic to assess the national cost of extending industrial building allowances to new hotel buildings;
(3) pursuant to his Written Answer to the hon. Member for Bodmin (Mr. Hicks) on 17th February, how many new hotel bedrooms he estimates will be built in a year in order to arrive at his estimated figure of £30 million as being the cost per annum of extending industrial building allowances to new hotel buildings.
§ Mr. Joel Barnett, pursuant to his reply [Official Report, 2nd March 1978; Vol. 945, c. 353], gave the following information:
The cost, of around £30 million in a full year of extending industrial building allowances to hotels relates to likely future expenditure on hotels in the period up to 1980. The estimate of this was based on broad indications of the total expenditure in the past on hotel construction, including extensions and improvements, after taking account of the trend of construction costs.
Not enough information is available centrally to make an estimate about hotel bedrooms.