§ 54. Mr. Ian Lloydasked the Chancellor of the Exchequer how many income-earning projects exceeding £250,000, £1 million and £5 million in value, respectively, are at present being undertaken by Government departments, nationalised industries and other public authorities; and in what proportion of these the capital equipment proposals involved have been subjected to discounted cash flow analysis.
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§ Mr. CallaghanI regret that the information requested could not be made available without undue expenditure of time and effort. The value of discounted cash flow analysis is widely recognised in the public sector and the Government seek to ensure that it is used wherever it is appropriate.