§ Mr. Stratton Millsasked the Chancellor of the Exchequer if he will make a statement on the proposals he has for avoiding double taxation arising from the proposed Corporation Tax, and on the resultant position of investment trusts and pension funds.
— National production* Retail price index† Purchasing power of £† Terms of trade§ Value of imports Value of exports Receipts of Surtax| 1952 … 99 106 98 103 80 91 102 1953 … 103 109 96 108 76 91 104 1954 … 108 111 94 108 77 94 106 1955 … 111 116 91 107 89 102 106 1956 … 112 122 87 109 89 111 116 1957 … 114 126 85 111 93 117 127 1958 … 114 130 82 120 86 112 129 1959 … 119 131 82 120 92 118 135 1960 … 126 132 81 121 104 126 142 1961 … 128 136 79 125 101 130 157 1962 … 130 142 76 127 103 134 184 1963 … 134 145 75 125 111 144 139 *Gross domestic product at constant prices, measured from output data, taking the calendar year 1951 as 100. † The figures have been obtained by linking series with different weighting systems and different base dates and the movements over the whole period are therefore only approximate. † Based on the movements of the consumers' price index. § Export unit value index as a percentage of the import unit value index. | Based on receipts in the calendar year 1951 as 100.