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Mr. Marten
asked the Chancellor of the Exchequer what action he proposes to take on the Inland Revenue report dealing with allegations of fraud by some workers in the Fleet Street newspaper industry; and if he will publish the report.
Mr. Robert Sheldon,
pursuant to his reply [Official Report, 22nd November
| TERMS OF TRADE AND RELATIVE VOLUME INDICES FOR MANUFACTURED GOODS | ||||||||
| OTS basis | ||||||||
| Total manufactures | Semi-manufactures | Finished manufactures | ||||||
| 1970=100 | 1975=100 | 1970=100 | 1975=100 | 1970=100 | 1975=100 | |||
| Terms of Trade* | ||||||||
| 1976— | ||||||||
| 1st quarter | … | … | 104 | 101 | 104 | 101 | 102 | 100 |
| 2nd quarter | … | … | 101 | 98 | 100 | 97 | 100 | 98 |
| 3rd quarter | … | … | 101 | 98 | 99 | 97 | 100 | 99 |
| 4th quarter | … | … | 99 | 97 | 99 | 96 | 98 | 97 |
| 1977— | ||||||||
| 1st quarter | … | … | 103 | 98 | 100 | 96 | 104 | 99 |
| 2nd quarter | … | … | 102 | 100 | 100 | 97 | 104 | 101 |
| 3rd quarter | … | … | 106 | 101 | 102 | 98 | 107 | 103 |
| 4th quarter | … | … | 109 | 103 | 105 | 99 | 111 | 104 |
| 1978— | ||||||||
| 1st quarter | … | … | NA | 104 | NA | 100 | NA | 105 |
| 2nd quarter | … | … | NA | 103 | NA | 102 | NA | 102 |
| 3rd quarter | … | … | NA | 103 | NA | 100 | NA | 104 |
| Relative Volume† | ||||||||
| 1976— | ||||||||
| 1st quarter | … | … | 85 | 104 | 94 | 102 | 76 | 105 |
| 2nd quarter | … | … | 84 | 98 | 99 | 107 | 73 | 92 |
| 3rd quarter | … | … | 82 | 99 | 98 | 110 | 67 | 91 |
| 4th quarter | … | … | 82 | 99 | 99 | 109 | 68 | 94 |
| 1977— | ||||||||
| 1st quarter | … | … | 79 | 97 | 98 | 110 | 64 | 89 |
| 2nd quarter | … | … | 81 | 94 | 103 | 111 | 65 | 84 |
| 3rd quarter | … | … | 85 | 103 | 101 | 114 | 70 | 93 |
| 4th quarter | … | … | 78 | 97 | 96 | 110 | 64 | 90 |
| 1978— | ||||||||
| 1st quarter | … | … | NA | 90 | NA | 100 | NA | 82 |
| 2nd quarter | … | … | NA | 84 | NA | 102 | NA | 74 |
| 3rd quarter | … | … | NA | 88 | NA | 97 | NA | 80 |
| * Export unit value index as percentage of import unit value index. Not seasonally adjusted. | ||||||||
| † Export volume index as percentage of import volume index. Seasonally adjusted. | ||||||||
| NA=Not available. The 1970-based index numbers were not compiled for periods after 1977. | ||||||||
1978; Vol. 958. c. 643], gave the following reply:
The Inland Revenue is reviewing the question of tax in relation to arrangements for the payment of casual workers in the Fleet Street printing industry. The rules of confidentiality do not allow any papers relating to the matter to be made public.