Building Costs (Hansard, 5 February 1968)

HC Deb 05 February 1968 vol 758 c1W 1W

§ 12. Mr. Hastings
asked the Minister of public Building and Works if he will make a statement on the effect of devaluation upon building costs.

§ Mr. Mellish
It is too early to estimate the indirect effects of devaluation on building costs, or the effects of the other measures which have since been taken. The estimate I gave of the direct effect of devaluation on contsructing costs in my reply to the hon. Member for Londonderry (Mr. Chichester-Clark) on 24th November still stands.