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On top of the £16 billion of spending cuts that the Tories were going to impose, Michael Portillo this morning suggested an extra £4 billion, to make the figure £20 billion.
However, it is legitimate to give conveners extra time or more status—I do not know whether there is a difference between the two—to explain the committee's position.
We have shown in our written evidence that an extra bank holiday to celebrate St Andrew's day would be worth an extra £39 million for one day's trading.