HC Deb 20 December 1960 vol 632 c142W
70. Mr. Osborne

asked the Chancellor of the Exchequer in view of the fact that industrial profits for 1961 are likely to be smaller than those for 1960, and taxes paid to be proportionately smaller, what steps he is taking to reduce national expenditure, or what new sources of revenue he has in mind; and if he will make a statement.

Sir E. Boyle

Estimates of Government expenditure and revenue in the next financial year will be brought before the House at the usual time and I cannot anticipate them.