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Mr. Battle
To ask the Chancellor of the Exchequer what percentage of the value of the United Kingdom equity market was (a) in the hands of private shareholders and (b) held by pension funds for each year since 1979. [1460]
Mr. Jack
The information requested is available for the years 1981, and 1989 to 1993 only. Details are in the table.
| Beneficial ownership 1981–1993 | ||
| Percentage of total equity owned, 31 December | ||
| Year | Pension funds | Individual |
| 1981 | 26.7 | 28.2 |
| 1989 | 30.6 | 20.6 |
| 1990 | 31.6 | 20.3 |
| 1991 | 31.3 | 19.9 |
| 1992 | 35.1 | 20.4 |
| 1993 | 34.2 | 17.7 |
| 1994 | 27.8 | 20.3 |