HC Deb 28 February 1991 vol 186 c614W
20. Mr. Ashby

To ask the Chancellor of the Exchequer what was the average level of corporate profitability after corporation tax in(a) 1974 to 1979 and (b) 1979 to 1991.

Mr. Norman Lamont

Company profitability, as measured by the net rate of return on capital employed, averaged 6.1 per cent. between 1974 and 1979 and 8.6 per cent. from 1979 to 1989.

Post-tax data, and data for 1990 and 1991, are unavailable.

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