HC Deb 23 February 1976 vol 906 c82W
Mr. Lawson

asked the Chancellor of the Exchequer if he will publish in the Official Report a revised version of the table in the last Public Expenditure White Paper Command Paper No. 6393 headed "The Growth and Use of Resources", taking 1975 instead of 1974 as the base year.

Mr. Joel Barnett

The national accounts for 1975 are still provisional and are available only for the first three quarters of the year. It is, therefore, not yet possible to base such a table on 1975. On the evidence available, it is probable that compared with the table in Command 6393 based on 1974, a table showing the growth and use of resources based on 1975 would show a higher average annual growth of GDP up to 1979; a lower rate of growth of public expenditure; and a higher rate of growth of privately financed personal consumption.