HC Deb 17 January 1967 vol 739 cc49-50W
Mr. Hugh D. Brown

asked the Postmaster-General (1) what was the estimated income for the telecommunications services on an annual basis for the period 1967 to 1971 at 1964 prices before the economic measures of 20th July 1966 were announced;

(2) what is the estimated income for the telecommunications services on an annual basis for the period 1967 to 1971 at 1964 prices;

(3) what is the estimated effect of the economic measures of 20th July, 1966 upon the total income at 1964 prices of the telecommunications services for the year 1966–67;

(4) what is the estimated income for the year 1966–67, at 1964 prices, for telecommunications before the announcement of the economic measures on 20th July, 1966.

Mr. Edward Short

Before 20th July, 1966, the estimated income from the telecommunications services, at 1964–65 prices, was

1966–67 1967–68 1968–69 1969–70 1970–71
£m. £m. £m. £m. £m.
455 508 575 649 737

It is not possible, in present conditions, to make a new meaningful long-term forecast but estimated income for 1966–67, at 1964–65 prices, is now £447 million, a reduction of £8 million compared with the earlier estimate.