§ Mr. Bruce-Gardyneasked the Chancellor of the Exchequer what is his latest estimate of the aggregate annual cost to public funds of index-linked transfer payments; and what is his estimate of the increase in such payments resulting from an increase of 33⅓ per cent. in the world price of oil, via the retail price index.
§ Mr. LawsonI will let my hon. Friend have a reply as soon as possible.