National Income Statistics (Business Expenditure)

HC Deb 03 June 1960 vol 624 cc174-5W

Mr. McInnes

asked the Chancellor of the Exchequer why, in the National Income Statistics; Sources and Methods, the 5 per cent. allowance for business expenditure on wines, spirits, and cider, which was then in use, was described as probably too small.

Sir E. Boyle

This statement represented the concensus of opinion among the officials who were at that time responsible for the national income estimates.