HC Deb 17 July 1975 vol 895 cc560-1W
Mr. Trotter

asked the Chancellor of the Exchequer by how much he estimates that the Government's borrowing requirement will be reduced as a result of the application of the agreed limit of an extra £6 a week.

Mr. Dell

I estimate that the £6 limit will not significantly change the forecast public sector borrowing requirement for this year, since the consequent reduction in public expenditure is likely to be broadly offset by the reduction in tax receipts.

Mr. David Price

asked the Chancellor of the Exchequer whether, in the light of the publication of the Government's White Paper "The Attack on Inflation" (Command Paper No. 6151) on 11th July, he intends to make any changes to his Budget estimates that public expenditure in 1975 would be £53,600 million and that the total public borrowing requirement for 1975–76 would be £9,100 million.

Mr. Joel Barnett

The Budget estimates of public sector income and expenditure and the borrowing requirement are regularly reviewed during the year. It is not customary to publish estimates of the borrowing requirement between Budgets.