§ Mr. Stuart Holland
asked the Chancellor of the Exchequer what proportion of gross capital formation was represented by State (public) enterprise, 686W including new established corporations and the National Enterprise Board and its subsidiaries, in 1976, 1977, 1978 and 1979.
§ Mr. Biffen
[pursuant to his reply, 28 July 1980, c. 479.]: Estimates of the gross domestic fixed capital formation (gdfcf) of public corporations as percentages of total gdfcf are given below:
percentages 1976 19.8 1977 18.3 1978 16.9 1979 16.8
Public corporations comprise the corporations listed on page 121 of "National Income and Expenditure, 1979 Edition". The subsidiaries of the National Enterprise Board are not included; gdfcf by these subsidiaries is included in estimates for the companies sector but is not separately distinguishable.