§ Mr. Juddasked the Minister of Technology whether he will make a statement on the latest estimated cost of the Concorde project as a percentage of the original estimate.
§ Mr. Carmichael:The basic estimate of Concorde's development cost of £730 million at October, 1969 prices is about £500 million in terms of 1962 prices, equal to between 330 per cent. and 290 per cent. of the original estimate of £150–£170 million.