HC Deb 25 July 1986 vol 102 cc671-2W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer whether he will bring up to date, including his estimate for the current financial year, the information on expenditure from the redundancy fund and so on given in reply to the hon. Member for Dagenham (Mr. Gould) on 27 July 1983, Official Report, column 450; and if he will include figures from 1973–74 onwards for Government revenues from North sea oil.

Mr. Norman Lamont

Estimates of total benefits paid to the unemployed and of expenditure from the redundancy fund in 1986–87, and in each of the preceding 13 years, are given below. Estimates of Government revenue from North sea oil over the same period are also given.

(a) (b) (c) (d)
Total benefits paid to unemployed people* £ million cash Total expenditure from the Redundancy Fund £ million cash (a) plus (b) as a proportion of Gross Domestic Product percentage Revenue from North Sea Tax£ million cash
1973–74 340 31 0.5 15
1974–75 440 48 0.5 20
1975–76 870 107 0.9 25
1976–77 1,180 95 1.0 81
1977–78 1,410 82 1.0 238
1978–79 1,370 89 0.8 565
1979–80 1,470 114 0.8 2,311
1980–81 2,530 280 1.2 3,735
1981–82 4,050 422 1.7 6,491
1982–83 5,060 382 1.9 7,814
1983–84 5,750 379 2.0 8,781
1984–85 6,350 289 2.0 12,002
1985–86 6,800 308 2.0 11,400
1986–87 6,750 189 1.8 ‡6,100
* Includes rate rebates.
† Royalties, petroleum revenue tax (including advance payments), and corporation tax from North sea Oil and gas production (before advance corporation tax set-off).
‡ As shown in the Financial Statement and Budget Report 1986–87.