HC Deb 05 November 1968 vol 772 cc55-6W
Mr. Bryant Godman Irvine

asked the Chancellor of the Exchequer if he will list in the Official Report the proportion of the nation's industrial capacity held by the nationalised industries and public corporations, by Government shareholdings, and by local authority enterprises, respectively, in 1954 and 1960, and at the present time.

Mr. Taverne

The table below shows the proportion of the gross capital stock of productive industry held by the different parts of the public sector. The capital stock of productive industry has been taken as the equivalent of "industrial capacity" and covers the industries included in the Census of Production, namely, mining, manufacturing, construction, and gas, electricity and water supply. The figures given for central government cover only Government owned establishments, such as Royal Ordnance Factories. They exclude Government shareholdings in private firms, for which comparable figures are not available.

Percentage of gross capital stock of productive industry
1954 1960 1967
Public corporations 26.4 23.4 30.2
Central government 3.0 3.3 2.5
Local authorities 7.2 6.1 5.0