§ Mr. ByersTo ask the Chancellor of the Exchequer what estimate he has made of the savings to be made from the privatisation of the Inland Revenue's computer system; what figure was provided for contingencies under the original agreement; and how much has been spent of this fund to date. [25883]
§ Mr. Jack[holding answer 19 April 1996]: In May 1994 savings were estimated at £225 million over 10 years. In January 1996 the last phase of work was transferred to the Inland Revenue's partner, EDS Ltd. Following that transfer, estimates of savings are being
10WNational Statistics as the sum of all non-residential fixed investment by the private sector and public corporations—except national health trust hospitals—excluding investment in land and existing buildings. The data for business investment are available on the ONS central shared database, which can be accessed via the Library of the House.