HC Deb 17 July 1973 vol 860 cc114-5W
Mr. Adley

asked the Secretary of State for Trade and Industry what has been the total average cost per annum of Concorde since 1962; and if he will express the actual annual expenditure at 1973 prices, and at 1962 prices, assuming no cost inflation since 1962.

Mr. Michael Heseltine,

pursuant to his reply [OFFICIAL REPORT, 9th July, Vol. 859, c. 252], gave the following information:

The annual average of Concorde expenditure in the United Kingdom between

UNITED KINGDOM EXPENDITURE
Actual Expenditure (historic prices)
A/F and Engine Development Intramural Production Total
1963 3.1 1.1 4.2
1964 6.4 1.2 7.6
1965 15.2 1.9 17.1
1966 34.3 3.6 37.9
1967 45.5 3.6 49.1
1968 50.6 4.6 0.9 56.1
1969 49.4 6.9 1.9 58.2
1970 56.9 7.7 5.9 70.5
1971 58.1 5.2 13.7 77.0
1972 53.1 6.0 22.8 81.9
Total 459.6
At 1962 Economic Conditions
1963 3.0 1.1 4.1
1964 5.8 1.1 6.9
1965 12.7 1.6 14.3
1966 27.1 2.8 29.9
1967 34.8 2.7 37.5
1968 35.6 3.2 0.6 39.4
1969 32.1 4.5 1.2 37.8
1970 32.8 4.5 3.4 40.7
1971 30.2 2.7 7.1 40.0
1972 24.7 2.8 10.5 38.0
Total 288.6

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