§ Mr. Ron Davies
To ask the Chancellor of the Exchequer what is the percentage change in(a) real terms and (b) cash terms of his Department's budget from 1992–93 to 1993–94.
§ Sir John Cope
The Treasury's budget includes expenditure on certain Bank of England services, United Kingdom coinage, Parliament and Privy Council in addition to the running costs of the central Treasury. The percentage change between 1992–93 and 1993–94 based on the latest 1992–93 forecast outturn is:
- (a) —4.1 per cent. in real terms; and
- (b) —1.4 per cent. in cash terms.