HC Deb 09 December 1974 vol 883 c44W
Mr. Nigel Lawson

asked the Chancellor of the Exchequer whether he will now answer Questions asking for forecasts of likely gross national product more than a year ahead.

Mr. Joel Barnett

I am always ready to answer Questions, but I would never wish to mislead the House by pretending to a certainty of knowledge not warranted in the situation prevailing. As my right hon. Friend made clear in his Budget Statement, the forecasts are subject to wide margins of error, and no one should be over-reliant upon them.