§ Mr. Newtonasked the Chancellor of the Exchequer, if he will publish in the Official Report figures showing for 1975–76 a breakdown of central and local government transactions in terms of pence in each £ sterling of receipts or expenditure, in the same general form as in the chart contained in the Treasury Broadsheet for April 1975 but separately distinguishing expenditure on foreign aid; and if he will also give comparable estimated figures for 1976–77.
553W
§ Mr. Joel Barnett, pursuant to his reply [Official Report, 6th December 1976, Vol. 922, c. 65–6], gave the following information:
The information and estimates are below. The estimates for 1976–77 are
SOURCES OF PUBLIC SECTOR FUNDS pence per£ Total* of which: 1975–76 Central Government Local Authorities Total*of which: 1976–77 (estimate) Central Government Local Authorities Income tax … … 30 30 — 30 30 — Taxes on spending … … 19 19 — 19 19 — Taxes on capital … … 1 1 — 2 2 — Local rates … … 7 — 7 7 — 7 National insurance … … 12 12 — 13 13 — Trading surpluses … … 6 — — 6 — — Other income (rent, etc.) … … 6 1 4 5 1 4 Borrowing … … 19 15 2 18 16 1 100 78 13 100 81 12
USES OF PUBLIC SECTOR FUNDS pence per£ Total*of which: 1975–76 Central Government Local Authorities Total*of which: 1976–77 (estimate) Central Government Local Authorities Pensions and other social security benefits. 17 17 — 18 18 — Education 13 2 11 14 2 12 Health and personal social services 12 10 2 12 10 2 Commerce, industry and agriculture. 8 8 — 6 6 — Housing 8 2 6 8 2 6 Defence 9 9 — 9 9 — Nationalised industries' investment 7 — — 6 — — Roads and transport 5 2 3 4 2 2 Other services 11 4 6 12 4 6 Foreign aid 1 1 — 1 1 — Debt interest 9 5 3 10 6 2 100 60 31 100 60 30 * Including public corporations.