§ Mr. Ridleyasked the Chancellor of the Exchequer what proportion of the gross national product is currently produced by nationalised statutory corporations.
§ Mr. Denzil DaviesIn 1976, the latest period for which information is available, public corporations produced about 12 per cent, of the gross domestic product at factor cost. After adjustment of income generated in the United Kingdom for flows of net property income from abroad, public corporations' share of gross national product in 1976 was about 11½ per cent.