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Industrial And Commercial Profits

Volume 982: debated on Wednesday 2 April 1980

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asked the Secretary of State for Trade whether he will publish a table in the Official Report comparing the profits of British industry with those of the United Kingdom's principal competitors in 1958, 1968 and the latest available year in historic and replacement cost terms.

Tables giving the available international comparisons were published in the 17 August 1979 issue of Trade and Industry, pp. 332–4. The estimates were largely based on the 1979 OECD publication "Profits and Rates of Return" by Professor T. P. Hill. Updated and revised estimates will be published by OECD by about the middle of 1980. No estimates are available in historic cost terms.