Tax Reform

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55.

asked the Chancellor of the Exchequer when he expects to publish his proposals for tax reform.

Later this year.

Money stock: amounts outstanding Components of M1, £M3 and M3
£millions
	Notes and coin in circulation with public	United Kingdom private sector sterling sight deposits		Money stock Ml (columns 1+2+3)			Money stock £M3 (Ml + column 5)			Money stock M3 (£M3 +column 7)
		Non-interest-bearing	Interest-bearing	Unadjusted	Seasonally adjusted	United Kingdom private sector sterling time deposits	Unadjusted	Seasonally adjusted	United Kingdom private sector deposits in other currencies	Unadjusted	Seasonally adjusted
	1	2	3	4		5	6		7	8
At end-quarter
1979 4th qtr.	9,511	16,026	4,319	29,856	29,340	27,374	57,230	56,560	5,202	62,432	61,840
1980 1st qtr.	9,498	15,149	4,332	28,979	29,010	27,885	56,864	58,180	5,607	62,471	63,790
2nd qtr.	9,568	15,424	4,521	29,513	29,670	31,503	61,016	61,370	5,604	66,620	66,900
3rd qtr.	9,614	15,690	4,263	29,567	29,780	33,956	63,523	64,400	5,666	69,189	70,080
4th qtr.	10,239	16,218	4,587	31,044	30,540	36,766	67,810	67,150	6,189	73,999	73,400
1981 1st qtr.	9,920	16,843	4,678	31,441	31,520	35,730	67,171	68,570	7,847	75,018	76,400
2nd qtr.	10,008	17,524	5,007	32,539	32,620	38,810	71,349	71,420	9,564	80,913	80,980
3rd qtr.	10,235	17,339	5,516	33,090	33,430	41,205	74,295	74,850	11,277	85,572	86,100
4th qtr.	10,824	17,041	6,587	34,452	33,679	42,703	77,155	76,227	9,872	87,027	87,148
4th qtr.	10,767	17,781	7,985	36,533	35,760	48,059	84,592	83,670	9,849	94,441	93,570
1982 1st qtr.	10,355	17,707	8,279	36,341	36,440	47,963	84,304	85,810	10,384	94,688	96,280
2nd qtr.	10,478	18,326	8,458	37,262	37,280	50,086	87,348	87,640	11,066	98,414	98,770
3rd qtr.	10,749	18,798	8,659	38,206	38,420	50,671	88,877	89,540	11,765	100,642	101,390
4th qtr.	11,229	19,438	9,998	40,665	40,180	51,456	92,121	91,49	12,756	104,877	104,280
1983 1st qtr.	11,770	19,627	10,308	41,705	41,670	52,880	94,585	95,861	13,713	108,298	109,946
1983 1st qtr.	11,768	19,637	10,320	41,725	41,690	52,961	94,686	95,970	13,985	108,671	110,330
2nd qtr.	11,399	20,175	11,247	42,821	42,650	55,236	98,057	98,210	13,462	111,519	111,840
3rd qtr.	11,624	20,458	11,186	43,268	43,670	55,888	99,156	99,300	14,236	113,392	113,430
4th qtr.	11,878	21,624	11,700	45,202	44,700	57,119	102,321	101,680	16,427	118,748	118,110
1984 1st qtr.	11,970	21,561	13,309	46,480	46,980	55,586	102,426	103,750	17,336	119,762	121,160

Volume 83: debated on Thursday 25 July 1985