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Mr. Michael Marshall
asked the Chancellor of the Exchequer whether he has any plans to phase out the halfpenny.
real goods and services and transfer payments.
Mr. Joel Barnett
The information is shown in the table below. Adjustments have been made to discount the effect of transfers of responsibility on 1st April 1974. Debt interest is not allocated to spending authorities because much of the interest paid by central Government is on account of onlending to the other authorities.
Mr. Denzil Davies
No. It is in continuous demand from the Royal Mint and plays an important part in price shading.