HC Deb 30 June 1981 vol 7 c355W
67. Mr. McNally

asked the Secretary of State for Employment what is the total cost annually to public funds of the present levels of unemployment.

Mr. Waddington

The cost to public funds of expenditure on unemployment and supplementary benefits for the unemployed in 1981–82 will be £2.8 billion in 1980 survey prices on the basis of the assumptions in this year's expenditure White Paper. These estimates make no allowance for loss of revenue from taxes and national insurance revenues for which accurate information is not available.