HC Deb 12 November 1979 vol 973 cc423-4W
Mr. Joel Barnett

asked the Chancellor of the Exchequer if he will give the assumptions underlying the figures assumed for shortfall on net overseas and market borrowing of nationalised industries in Cmnd. 7746 and compare these with previous assumptions, including those relating to price increases.

Mr. Biffen

I shall let the right hon. Member have a reply as soon as possible.

Mr. Joel Barnett

asked the Chancellor of the Exchequer if he will give the assumptions underlying the figures assumed in the general allowance for shortfall in Cmnd. 7746 and compare these with previous assumptions.

Mr. Biffen

In setting the values of the general allowance for shortfall in Cmnd. 7746 account has been taken of the fact that the expected outturn in 1979–80 published in this White Paper already incorporates a substantial squeeze on the volume of expenditure on programmes resulting from the announced policy on cash limits. For 1980–81, it is assumed that tighter expenditure plans will result in lower shortfall than assumed in the previous Government's plans published in Cmnd. 7439.

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