HC Deb 26 March 1981 vol 1 c386W
24. Mr. Cyril D. Townsend

asked the Chancellor of the Exchequer if he will authorise expenditure of £1,000 million on carefully costed capital projects as a means of preventing further unemployment.

Mr. Brittan

Public expenditure plans are as outlined on 10 March. Additional public sector investment would raise the borrowing requirement and interest rates unless it were in place of some other spending already planned. These are, of course, some of the issues we shall be considering in the next annual review of expenditure.

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