HC Deb 11 July 1985 vol 82 cc509-10W
Mr. Faulds

asked the Chancellor of the Exchequer whether, with reference to the answer to the hon. Member

Indices* of competitiveness in manufactures United Kingdom compared with Federal Republic of Germany†
1980=100
Export prices Producer prices Unit labour costs Normalised unit labour costs Deutschemark per pound
1973 74.7 73.7 66.3 72.4 6.64
1974 76.5 74.5 70.1 75.6 6.05
1975 78.5 78.2 78.1 81.5 5.45
1976 75.2 73.5 71.9 75.0 4.55
1973 1st Quarter 80.1 82.6 72.4 78.2 7.33
1976 4th Quarter 72.7 68.3 64.1 68.9 3.98
1979 1st Quarter 82.8 78.9 74.1 75.8 3.74
1981 1st Quarter 114.2 115.5 119.8 123.8 4.81
1984 4th Quarter 104.5 98.1 87.7 100.8 3.72
* All indices in US dollar terms
† ie in each case UK index divided by FRG index

for Warley, East on 17 June, Official Report, column 28 about the review of the Vote arrangements governing the acceptance of works of art and museum objects as payment in kind of capital tax liabilities, he is now able to make a statement setting out the Government's policy in this regard.

Mr. Peter Rees

The review of the Vote arrangements governing the acceptance of assets in lieu of tax is in progress. A statement will be made in due course.