§ Mr. Lawsonasked the Chancellor of the Exchequer, further to his reply to the hon. Member for Blaby, Official Report, 11th July, columns 514–15, if he will give his best estimate of the resale value of the Treasury computer and associated capital equipment.
§ Mr. Denzil DaviesThe computer used by the Treasury is jointly owned by the Treasury and the Central Statistical Office. Its resale value is about £400,000 to £500,000. Of the work done on the computer 25 to 30 per cent. can be attributed to Treasury economic forecasting and analysis, about 30 per cent. to the Treasury financial information system which is part of the apparatus for controlling public expenditure, and most of the remainder to the statistical work of the CSO.