HC Deb 28 March 1968 vol 761 c327W
Mr. Ridley

asked the Chancellor of the Exchequer if he will issue a White Paper giving plans for the growth of public expenditure and loans for the next quinquennium.

Mr. Harold Lever

Lending from the National Loans Fund is not susceptible to accurate long-term forecasting, because of the difficulties of predicting with sufficient precision the revenue of the nationalised industries, the extent to which local authorities should have access to the Public Works Loans Board, and other factors. As regards public expenditure, I note the hon. Member's suggestion.