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Post Office (Investment)

Volume 885: debated on Wednesday 5 February 1975

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asked the Chancellor of the Exchequer why the proposed increase in Post Office investment between 1976–77 and 1977–78 and between 1977–78 and 1978–79, respectively, in Public Expenditure to 1978–79 is in each case limited to £5 million.

I have been asked to reply.This rate of growth is consistent with the forecast of demand for Post Office services.