HC Deb 28 April 1978 vol 948 cc735-6W
Mr. Tim Smith

asked the Chancellor of the Exchequer if he will list those organisations which submitted their comments to the Inland Revenue on its consultative document on profit sharing.

Mr. Robert Sheldon

The Inland Revenue received a total of 135 representations on the consultative document on profit sharing but, since there was no

period to mid-1979 to which he refers in paragraph 11, on page 13, of the Financial Statement and Budget Report 1978–79.

Mr. Joel Barnett

The independent forecasts referred to in paragraph 11 of the Financial Statement and Budget Report were those of the London Business School and the National Institute for Economic and Social Research both published in February, and the forecast published by Phillips and Drew in March 1978.

The import propensities, measured as the share of imports of goods and services in total final expenditure—both at 1970 prices—are shown below:

three independent forecasts are shown below:

suggestion at the time they were invited that the identity of their authors would be made public, it would not be right to identify them now without their consent.