§ 84. Mr. Bruce-Gardyneasked the Chancellor of the Exchequer what he estimates will be the effect in 1968 on expenditure on the Gross Domestic Product at 1958 prices of the regional employment premium payments, the recent 228W relaxations in hire purchase controls, and the restoration of the purchasing power of pensions to their level at the time of the last increase, financed by increases in employer and employee contributions.
§ Mr. CallaghanThese measures should increase the gross domestic product in 1968 by around one-half of 1 per cent.
§ Mr. Patrick Jenkinasked the Chancellor of the Exchequer what was the change in expenditure on the Gross Domestic Product at 1958 prices and seasonally adjusted, between the first and second halves of 1961, and between the first and second halves of 1966.
§ Mr. CallaghanThe increase between the first and second halves of 1961 was just over ½ per cent. In 1966 the change was negligible.