§ Mr. Ridleyasked the Chancellor of the Exchequer what increase in real personal disposable income will be entailed 39W by the forecast he published on 26th October.
§ Mr. Denzil Davies :The path of real personal disposable income will be affected considerably by the timing of direct tax reductions. Between the calendar years 1977 and 1978 a rise in real personal disposable income of about 3 per cent. would be consistent with the published forecasts.