BRITAIN'S EXPENDITURE
£14,000,000 A DAY RECENTLY. FURTHER MILLIONS SOUGHT.
B.O.W
P?TTrt"RV Ton 9R
The Chancellor of the Exchequer, Sir Kingsley Wood, moving a supplementary vote of credit of £900,000,000 ^and a vote oi credit for £1,000,000,000, with respect to war expenditure, said in the Hojuse of Commons that over recent weeks the total war expenditure had been at a rate of about 14 millions daily. When he had asked for the last vote of 1000 million on October 20, which made 4000 millions in all, the daily average expenditure was at ia rate of 121 millions. The Chancellor said: "The information a'vailable suggests that the expenditure overseas in North Africa, Libya and other parts of the world has probably now taken the place of rising production at home as the main factor in determining the increase in vote of credit expenditure, though, as the Minister for Production indicated the other day, there will still be some expansion of our war production at home during the coming year. "I can also suggest that we are now incurring substantial expenditure in this country by way of reciprocal aid to our Allies."
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Bibliographic details
Marlborough Express, Volume LXXVII, Issue 21, 27 January 1943, Page 5
Word Count
189BRITAIN'S EXPENDITURE Marlborough Express, Volume LXXVII, Issue 21, 27 January 1943, Page 5
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