§ Mr. Nicholas Wintertonasked the Lord President of the Council if he will list the total losses made by the Refreshment Department of the House of Commons over the last 15 years for which figures are available; and if he will express the loss for each year in 1977 prices.
§ Dr. Reginald BennettI have been asked to reply.
The information is as follows:
Years Profits/losses Based on 31st March 1977 year-end comparisons £ £ 31st December 1962 … 7,503 Loss 24,747 31st December 1963 … 12,284 Loss 39,770 31st December 1964 … 16,592 Loss 51,263 31st December 1965 … 10,216 Loss 30,184 31st December 1966 … 33,034 Loss 94,123 31st December 1967 … 7,181 Loss 19,975 31st December 1968 … 3,399 Loss 8,931 31st December 1969 … 3,007 Profit 7,541 31st March 1970–71 … 18,754 Loss 42,431 31st March 1971–72 … 22,043 Loss 46,354 31st March 1972–73 … 17,858 Loss 34,728 31st March 1973–74 … 73,041 Loss 125,152 31st March 1974–75 … 151,719 Loss 214,579 31st March 1975–76 … 285,819 Loss 333,645 31st March 1976–77 … 469,959 Loss 469,959