Skip to main content

Public Expenditure

Volume 885: debated on Thursday 30 January 1975

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Chancellor of the Exchequer what growth in total public expenditure he now expects in 1975; and what was the growth in 1973 and 1974.

I would refer the hon. Member to the White Paper on Public Expenditure to 1978–79 (Cmnd

SUPERANNUATION AND PENSION FUNDS' HOLDINGS AT MARKET VALUE OF ORDINARY SHARES IN UNITED KINGDOM REGISTERED COMPANIES
End 1966End 1973
United Kingdom quoted companiesUnited Kingdom unquoted companiesTotalUnited Kingdom quoted companiesUnited Kingdom unquoted companiesTotal
Private sector funds1,524121,5362,884642,948
Local authority funds2250225(575)(15)590*
Other public sector funds42004201,324161,340
Total (A)2,169122,1814,783954,878
Total in issue (B)24,0064,18928,19540,519
Percentage (A) to (B)9·00·37·711·8
* Relates to 31st March 1974 and includes holdings of ordinary shares in overseas companies; division of holdings between quoted and unquoted roughly estimated.
† Not available.

5879), published today, which provides figures for public expenditure from the financial years from 1969–70 to 1978–79. The growth rates, in volume terms, for the three financial years 1973–74, 1974–75 and 1975–76 are, respectively, 6 per cent., 7·4 per cent. and 1·4 per cent. The corresponding figures are not available for calendar years.