Capital (Rate Of Return)

Mrs. Renée Short
asked the Secretary of State for Industry what the real rate of return on capital after tax was in each year from 1951 to 1978.

Mr. Les Huckfield
I assume that my hon. Friend refers to rates of return on capital employed by industrial and commercial companies. My Department currently prepares such estimates on a pretax basis only. Estimates on a post-tax basis for industrial and commermercial companies excluding North Sea activities were published in the December  1978 Bank of England Quarterly Bulletin, and these are given below. Figures for years before 1960 are not available.--
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