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Mr. MacCormick
asked the Chancellor of the Exchequer what was the total excise duty paid in respect of whisky distilled on the Island of Islay for the most recent year for which figures are available.
Public Expenditure as a Proportion of GDP at Factor Cost
| |
Per cent.
| |
| 1949 | 43·9 |
| 1955 | 41·8 |
| 1965 | 45·3 |
| 1970 | 50·7 |
| 1971 | 50·2 |
| 1972 | 50·3 |
| 1973 | 51·2 |
| 1974 | 57·7 |
I am not in a position to publish a forecast for 1975–76 because of the uncertainties which underlie current price projections of GDP.