HC Deb 07 December 1977 vol 940 cc792-3W
Mr. Carmichael

asked the Chancellor of the Exchequer if he will publish the original forecasts of public expenditure, taxation revenue and public sector borrowing requirement, the subsequent

£ billion
FSBR Latest Outturn
Public expenditure* Taxation revenue† PSBR Public expenditure* Taxation revenue† PSBR
1970–71 22.0 19.6 -0.2 22.5 19.4 0.8
1971–72 24.8 20.7 1.2 24.9 20.7 1.0
1972–73 28.6 21.7 3.4 28.4 21.9 2.5
1973–74 32.1 24.3 4.4 34.1 25.0 4.4
1974–75‡ 39.0 31.3 2.7
1974–75§ 42.9 31.1 6.3 45.4 31.8 8.0
1975–76 53.6 38.2 9.1 57.2 40.1 10.6
1976–77 64.7 45.5 12.0 64.6 46.5 8.8
1977–78 69.8 52.1 8.5
* Total public sector expenditure; a narrower definition is now used in the public expenditure White Papers.
† Includes National Insurance etc. contributions.
‡ Published 26th March 1974.
§ Published in Supplementary FSBR 1974–75, 12th November 1974

I refer my hon. Friend to the Official Report for the changes to the PSBR and to public expenditure which I and my predecessors have announced to the House on specific occasions.