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Corporate Sector Deficit

Volume 196: debated on Thursday 17 October 1991

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25.

To ask the Chancellor of the Exchequer what was the total corporate sector deficit in 1980; and what it was in the first half of 1991.

In 1980 industrial and commercial companies were more or less in financial balance. In the first half of 1991 their financial deficit was £7¾ billion, much lower than the deficit of £14¾ billion in the first half of 1990.