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Production And Unemployment Statistics

Volume 973: debated on Wednesday 14 November 1979

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asked the Chancellor of the Exchequer whether he will circulate in the Official Report a table showing the increase in profitability in each year since 1970, on the basis of 1970=100, of the main divisions of (a) the financial sector and (b) manufacturing industry.

The latest estimates of rates of return on capital employed for non-financial companies, including divisions of manufacturing industry, were published in Trade and Industry for 28 September 1979; comparable figures for financial companies are not available.Information on trading profits—before deducting stock appreciation and depreciation—for divisions of manufacturing industry is provided in the upper half of table 5·8 of National Income and Expenditure: 1979 Edition, together with that for insurance, banking, finance and business services as an overall total. No information is readily available for divisions of the latter group.