Public Expenditure

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 9th March 1965.

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Photo of Mr Cyril Osborne Mr Cyril Osborne , Louth Borough 12:00 am, 9th March 1965

asked the Chancellor of the Exchequer in view of the statement by the Governor of the Bank of England that a marked cut in public expenditure was necessary to prevent another sterling crisis, and that civil estimates have risen from £4,304 million to £7,388 million in the last 10 years, if he will appoint an independent committee to investigate and recommend where cuts could be made; and if he will make a statement.