HC Deb 22 December 1964 vol 704 c226W
Mr. Marten

asked the Minister of Housing and Local Government what would be his estimate of the increase in the cost of building an average size house as the result of the 15 per cent. surcharge, Bank Rate increase, petrol tax increase and National Insurance contribution increase, assuming that none of the extra costs falling on the suppliers of building materials and components were absorbed by them.

Mr. Mellish

Such an estimate must involve the making of so many arbitrary assumptions that my right hon. Friend does not think the result would have any value.

Back to