§ Mr. Hobdenasked the Chancellor of the Exchequer what was the estimated rate of profits before and after taxation in the private sector in Great Britain for the years 1959 to 1969 and in terms of constant prices.
§ Mr. TaverneThe available information is given in the table below, which relates to the United Kingdom. Profits are shown after deduction of all United Kingdom taxes on income, including tax on non-trading income and income from abroad because separate figures are not available for taxes on trading profits. Direct estimates of profits at constant prices are not available; instead the table includes series for profits adjusted for changes in the general price level, as measured by the price index for the gross domestic product, or total home costs.