§ Mr. Gouldasked the Chancellor of the Exchequer what is his latest estimate for the value of the assets of manufacturing industry; and how these figures compare with those for 1953, 1960 and 1970.
§ Mr. LawsonEstimates of the net value of fixed capital assets owned by the manufacturing industries are shown below at current replacement cost, together with book values of their stocks of materials and fuel, work in progress, and finished goods. No comparable estimates are available for the financial assets of manufacturing industry.
£ billion at current prices End year 1953 1960 1970 1981 1982 Net capital stock (excl. land) 7.7 12.5 26.7 104.5 * Stocks and work in progress 3.3 5.2 9.7 38.3 38.8 * Not available.