HC Deb 26 June 1980 vol 987 cc252-3W
23. Mr. Adley

asked the Chancellor of the Exchequer how much an extra 100,000 people unemployed adds to the public sector borrowing requirement through benefits due.

Mr. Biffen

I refer my hon. Friend to page 114 of Cmnd. 7841, which states that a variation of 100,000 in the number of unemployed is estimated to change benefit costs by about £100 million per annum.

25. Mr. Haselhurst

asked the Chancellor of the Exchequer what would be the effect on the public sector borrowing requirement of an increase of 500,000 in the number of registered unemployed.

34. Mr. Dubs

asked the Chancellor of the Exchequer what is his estimate of the effect of an additional 500,000 unemployed on Government revenue and expenditure, repectively.

Mr. Biffen

The effect of changes in the numbers of registered unemployed on government revenue and expenditure and the public sector borrowing requirement depends on the reasons for the initial change. All such calculations require a detailed simulation on the Treasury model, and for the reasons given by my hon. Friend, the Minister of State, in his reply on 14 November 1979 to the hon. Member for Newham, North-East—[Vol. 973, c. 622–23.]—I am unwilling to supply such information. The hon. Members may wish, however, to pursue their inquiry via access to the Treasury's economic model through the Library of the House.

Forward to