HC Deb 25 March 1971 vol 814 c206W
Mr. Arthur Lewis

asked the Secretary of State for the Environment what was the estimated national expenditure on housing during 1970–71; to what extent he estimates an increase or decrease in this expenditure in cash terms by 1974–75 and by what percentage, on the basis of the previous depreciation in the purchasing value of the £ that has taken place between June, 1969, and 1st March, 1971; and to what extent the 1974–75 figures have to be adjusted to give a real comparison with the 1970–71 figures.

Mr. Channon

No estimate of total national expenditure, public and private, in 1970–71 is yet available. Figures up to the Third Quarter, 1970, are published by the Central Statistical Office in its Monthly Digest of Statistics of January, 1971, a copy of which is available in the Library. Figures for subsequent quarters will be published as they become available. No forecasts on this basis have been made for 1974–75.