HC Deb 24 November 1978 vol 958 cc795-6W
Mr. Marten

asked the Chancellor of the Exchequer what action he proposes to take on the Inland Revenue report dealing with allegations of fraud by some workers in the Fleet Street newspaper industry; and if he will publish the report.

Mr. Robert Sheldon,

pursuant to his reply [Official Report, 22nd November

TERMS OF TRADE AND RELATIVE VOLUME INDICES FOR MANUFACTURED GOODS
OTS basis
Total manufactures Semi-manufactures Finished manufactures
1970=100 1975=100 1970=100 1975=100 1970=100 1975=100
Terms of Trade*
1976—
1st quarter 104 101 104 101 102 100
2nd quarter 101 98 100 97 100 98
3rd quarter 101 98 99 97 100 99
4th quarter 99 97 99 96 98 97
1977—
1st quarter 103 98 100 96 104 99
2nd quarter 102 100 100 97 104 101
3rd quarter 106 101 102 98 107 103
4th quarter 109 103 105 99 111 104
1978—
1st quarter NA 104 NA 100 NA 105
2nd quarter NA 103 NA 102 NA 102
3rd quarter NA 103 NA 100 NA 104
Relative Volume†
1976—
1st quarter 85 104 94 102 76 105
2nd quarter 84 98 99 107 73 92
3rd quarter 82 99 98 110 67 91
4th quarter 82 99 99 109 68 94
1977—
1st quarter 79 97 98 110 64 89
2nd quarter 81 94 103 111 65 84
3rd quarter 85 103 101 114 70 93
4th quarter 78 97 96 110 64 90
1978—
1st quarter NA 90 NA 100 NA 82
2nd quarter NA 84 NA 102 NA 74
3rd quarter NA 88 NA 97 NA 80
* Export unit value index as percentage of import unit value index. Not seasonally adjusted.
† Export volume index as percentage of import volume index. Seasonally adjusted.
NA=Not available. The 1970-based index numbers were not compiled for periods after 1977.

1978; Vol. 958. c. 643], gave the following reply:

The Inland Revenue is reviewing the question of tax in relation to arrangements for the payment of casual workers in the Fleet Street printing industry. The rules of confidentiality do not allow any papers relating to the matter to be made public.