HC Deb 11 November 1976 vol 919 cc247-8W
59. Mr. Spriggs

asked the Chancellor of the Exchequer if he will give details of the total sum of public money invested in private firms up to the latest date for

INCOME FROM EMPLOYMENT
(£ million)
1968 1969 1970 1971 1972 1973 1974 1975
Central Government:
(a) Civilians … … 1,707 1,855 2,100 2,441 2,767 3,046 4,215 5,838
(b) Armed Forces … … 664 669 799 911 1,040 1,139 1,318 1,594
Local Authorities … … 2,442 2,610 2,947 3,482 4,132 4,819 5,653 8,484
Public Corporations … … 2,630 2,759 3,067 3,394 3,863 4,319 5,548 7,561
Total economy … … 25,408 27,160 30,425 33,506 37,598 43,291 52,494 68,181

EMPLOYEES IN EMPLOYMENT
(Thousands—June each year)
Central Government:
(a) Civilians 1,485 1,484 1,533 1,561 1,590 1,620 1,742 1,910
(b) Armed Forces 400 380 372 368 371 361 345 336
Local Authorities 2,444 2,505 2,559 2,651 2,771 2,890 2,844 3,024
Public Corporations 2,083 2,045 2,016 1,986 1,902 1,867 1,930 2,008
Total economy 23,050 22,999 22,843 22,490 22,491 23,023 23,135 23,043

INCOME FROM EMPLOYMENT PER EMPLOYEE (£)
Central Government:
(a) Civilians 1,149 1,250 1,370 1,564 1,740 1,880 2,420 3,057
(b) Armed Forces 1,660 1,761 2,148 2,476 2,803 3,155 3,820 4,744
Local Authorities 999 1,042 1,152 1,313 1,491 1,667 1,988 2,806
Public Corporations 1,263 1,349 1,521 1,709 2,031 2,313 2,875 3,765
Total economy 1,102 1,181 1,332 1,490 1,672 1,880 2,269 2,959

The figures are on the same basis as those given in column 260 of Written which he has details; and what returns by way of dividends or interest the Exchequer has received from the firms concerned.

Mr. Joel Barnett

The information is not available in the form requested by my hon. Friend. But he may wish to know that central Government net lending to the private sector in 1975–76 is estimated at £96 million and net cash expenditure on company securities at £368 million. Receipts in the form of interest and dividends from the private sector and overseas in 1975–76 are estimated at £330 million.