§ Mr. Peter Bottomleyasked the Prime Minister why the public sector funding of pay increases has been set above the forecast increase in domestic output.
§ The Prime MinisterThe provision for pay in the public expenditure plans has not been set above the forecast increase in money GDP. The 3½ per cent. figure is well within the projected percentage increase in money GDP for 1983–84 of just under 7 per cent., as shown in paragraph 1.37 of the autumn statement.