§ Mr. Wingfield Digby
asked the Chancellor of the Exchequer what are his estimates of increased capital expenditure in 1965–66 in the public sector, and of reduced capital expenditure in the private sector; and what is the value of the contributions to exports made by each sector, respectively.
§ Mr. Callaghan
In 1965–66 the increase in public capital expenditure will be limited by the measures I announced on 27th July. Published surveys of investment plans in the private sector show a substantial rise between 1964 and 1965, and little change between 1965 and 1966. It is not possible to separate the respective contributions of the public and private sectors to exports.