§ Mr. ChopeTo ask the Chancellor of the Exchequer how many new jobs he estimates will be created in the construction industry as a result 1of the additional allocations in(a) 1997–98 and (b) 1998–99 under the Government's Capital Receipts Initiative. [7267]
§ Mr. Darling[holding answer 8 July 1997]: The resources released under the Capital Receipts Initiative will help the construction sector to continue its recent growth and bring with it many new jobs.
§ Mr. ChopeTo ask the Chancellor of the Exchequer what estimate of the capacity of the construction industry in(a) 1997–98 and (b) 1998–99 underlay his decision to allocate extra sums under the Government's Capital Receipts Initiative. [7269]
§ Mr. Darling[holding answer 8 July 1997]: The decision to release the amount of resources announced in the Budget under the Capital Receipts Initiative was taken alter taking account of capacity utilisation and output growth in the construction industry.