§ 48. Mr. Nicholas BrownTo ask the Chancellor of the Duchy of Lancaster what is his latest estimate of company liquidity; and when it was last lower.
§ Mr. ForthThe liquidity ratio for all large industrial and commercial companies is estimated by the Department's survey to be 76 per cent. at the end of the fourth quarter of 1988 on a seasonally adjusted basis. This is the lowest figure since the end of the third quarter of 1982.