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Mr. Austin Mitchell
asked the Chancellor of the Exchequer what has been the annual increase since 1970 for each of the principal industrial countries, plus Canada and Sweden in the savings ratio; and how this compares with the increase in manufacturing output, the money supply and wholesale and retail prices.
ANALYSIS OF DEBT INTEREST FIGURES IN CMND. 7746 | |||||||||
£ million, 1979 survey prices | |||||||||
1978–79 | 1979–80 | 1980–81 | |||||||
outturn | projection | projection | |||||||
Total public sector debt interest payments | … | 9,900 | 9,900 | 9,800 | |||||
less: | |||||||||
Public corporations* debt interest payments to the private sector and overseas | … | … | 733 | 600 | 500 | ||||
General government interest receipts from public corporations*, the private sector and overseas | … | … | … | … | … | … | 2,513 | 2,600 | 2,300 |
Interest provision from trading activities of certain public corporations† and general government | … | … | … | … | … | 3,433 | 3,400 | 3,400 | |
Interest support costs | … | … | … | … | 300 | 200 | 400 | ||
equals: | |||||||||
Debt interest on a White Paper basis | … | … | 2,921 | 3,100 | 3,200 | ||||
* Other than certain public corporations, listed on page 249 of Cmnd. 7439. | |||||||||
† Interest payments to general government and private sector and overseas. |
Mr. Denzil Davies
asked the Chancellor of the Exchequer how much of the increase of £117 million, at 1979 survey prices, on expenditure on industry, energy, trade and employment is applicable separately to each of these items.
Mr. Biffen
The information is as follows:
£ million at 1979 survey prices | |
Industry | -63 |
Energy | +10 |
Trade | +149 |
Employment | +21 |
Mr. Lawson
I regret that this information cannot be provided without a disproportionate expenditure of time and resources.