§ Mr. Lawsonasked the Chancellor of the Exchequer if, pursuant to the Written Answer provided to the hon. Member for Nelson and Colne (Mr. Hoyle) on 21st March, Official Report, c. 401 –402W, he will publish a breakdown of the invisible earnings for the years 1970 to 1976, in-,
£ million Public Sector Private sector Credits Debits Net Credits Debits Net 1970 … … … 71 328 -257 1,375 562 813 1971 … … … 109 302 -193 1,369 676 693 1972 … … … 179 306 -127 1,553 900 653 1973 … … … 207 384 -177 2,685 1,165 1,520 1974 … … … 278 608 -330 2,889 1,226 1,663 1975 … … … 315 820 -505 2,644 1,219 1,425 1976 … … … 310 949 -639 3,288 1,563 1,725
§ Mr. Lawsonasked the Chancellor of the Exchequer if, pursuant to the Written Answer provided for the hon. Member for Nelson and Colne (Mr. Hoyle) on 21st March, Official Report, columns 401 –2, he will publish a breakdown of the invisible earnings for the years 1970 to 1976, inclusive, attributed to other services by providing separate tables for financial services and non-financial services; and if he will further publish a breakdown of each of these two subdivisions into its major components such as banking, insurance and construction.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 24th March 1977], gave the following information:
720Wployed by the Inland Revenue on 1st January 1977; and how many were employed on the same date in each of the five preceding years.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 24th March 1977], gave the following information:
clusive attributed to interest, profits and dividends by providing separate tables for public-sector interest, profits and dividends and private-sector interest, profits and dividends.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 24th March 1977], gave the following information:
The information is given below:
Details of the credits and debits for each component of "other services "for the years 1970 –75 were published last September in Table 12 of" United Kingdom Balance of Payments 1965 –75". As reported in the Press Notice containing the first balance of payments estimates for the year 1976—a copy of which is available in the Library—earnings from financial and allied services in 1976 totalled £935 million, compared with a total now estimated at £755 million in 1975. Earnings from construction work overseas were £476 million in 1976. Full details for 1976 will be given in "United Kingdom Balance of Payments 1966 –76" which will include firmer 721W estimates for each component than are now available.
§ Mr. Lawsonasked the Chancellor of the Exchequer if he will provide a breakdown of the United Kingdom's invisible earnings for the years from 1970 to 1976, inclusive, by providing separate tables showing the total of credits, debits, and net balance for each year (a) for the private sector, and (b) for the public sector.
£ million SERVICES Government Private (including public corporations) Credits Debits Net Credits Debits Net 1970 … … … 51 360 -309 3,317 2,595 722 1971 … … … 59 378 -319 3,798 2,954 844 1972 … … … 72 427 -355 4,066 3,137 929 1973 … … … 104 518 -414 5,036 3,933 1,103 1974 … … … 110 653 -543 6,403 4,946 1,457 1975 … … … 139 767 -628 7,234 5,506 1,728 1976 … … … 210 970 -760 9,148 6,448 2,700
INTEREST PROFITS AND DIVIDENDS Public sector (including public corporations) Private sector Credits Debits Net Credits Debits Net 1970 … … … 71 328 -257 1,375 562 813 1971 … … … 109 302 -193 1,369 676 693 1972 … … … 179 306 -127 1,553 900 653 1973 … … … 207 384 -177 2,685 1,165 1,520 1974 … … … 278 608 -330 2,889 1,226 1,663 1975 … … … 315 820 -505 2,644 1,219 1,425 1976 … … … 310 949 -639 3,288 1,563 1,725
TRANSFERS Government Private Credits Debits Net Credits Debits Net 1970 … … … 0 177 -177 192 226 -34 1971 … … … 0 205 -205 215 228 -13 1972 … … … 0 210 -210 231 288 -57 1973 … … … 63 422 -359 295 386 -91 1974 … … … 130 450 -320 355 441 -86 1975 … … … 363 742 -379 395 476 -81 1976 … … … 221 1,017 -796 420 481 -61 * The headings "Government" and "Public sector" reter to the Government and public sectors of the United Kingdom. Transactions between foreign Governments—e.g., through their embassies in London—and the United Kingdom private sector are included under "Private".