HC Deb 27 February 1968 vol 759 cc290-1W
44. Mr. Gresham Cooke

asked the Chancellor of the Exchequer to what extent the supply of capital by the Government by way of loans to public corporations and local authorities has led to inflation in the last three years.

Mr. Roy Jenkins

I do not accept the implications of this Question. It is not possible to attribute inflation, or the absence of inflation, to any single factor.

45. Mr. Gresham Cooke

asked the Chancellor of the Exchequer what plans he has in the next financial year to supply capital to public corporations and local authorities by way of genuine borrowing from the public or by self-financing of the Government.

Mr. Roy Jenkins

In advance of my Budget statement I can only say that, as before, we shall endeavour to maximise Government debt sales to the non-bank public.