§ The Economic Secretary to the Treasury (Sir Edward Boyle)
No official estimates of profits are available except for calendar years. As stated in the Economic Survey 1955, paragraph 55, gross trading profits of companies together with the trading surpluses of public corporations were 7½ per cent. or £202 million higher in 1954 than in 1953.
§ Sir E. Boyle
I think this steady increase in profits is a very good thing. So did the right hon. Gentleman's right hon. Friend the Member for Leeds, South (Mr. Gaitskell) when he introduced his Budget in 1951.