HC Deb 04 April 1950 vol 473 cc124-5W
52. Mr. Emrys Roberts

asked the Chancellor of the Exchequer why the Economic Survey for 1950 omits any separate mention of the capital investment programme, and prospects for Wales.

Sir S. Cripps

The Economic Survey reviews progress during the past year and prospects for the present year for the whole of the United Kingdom, of which the principality of Wales forms an integral part. It would be impracticable to provide separate figures for capital investment in Wales.

55. Mr. Summers

asked the Chancellor of the Exchequer if he will divide the figures shown in Table 13 of the Economic Survey as other private savings, including additions to tax reserves, so as to show the amount of private saving and that of additions to tax reserves separately for the three years 1948, 1949 and 1950.

Sir S. Cripps

Separate estimates for the years 1948 and 1949 are being prepared and will appear in the next National Income White Paper. Separate figures for 1950 are not yet available. In this connection, I should like to draw the hon. Member's attention to the sentence at the end of paragraph 77 of the Economic Survey for 1950, which states that the figure for 1950 for "other private saving" (including additions to tax reserves) shown in Table 13, "is not a forecast but simply a sum it is estimated will be required if a resurgence of inflationary pressure is to be avoided."

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