§ Mr. Ralph Howellasked the Chancellor of the Exchequer if he will publish a table showing the share of national income 51W which went to each of employment incomes, profits and general Government expenditure in 1945, 1955, 1956, 1975, 1977 and 1978.
§ Mr. Denzil DaviesTable 1 shows the share of national income which was pro-
TABLE 1 SHARES IN NATIONAL INCOME* Percentages Income from employment Income from self-employment † Company profits† Public corporations' trading surplus† 1955 … 73.3 9.9 14.4 — 1956 … 73.8 9.4 12.9 — 1975 … 83.5 8.7 1.5 -0.2 1977 … 79.9 90 4.5 0.6 * Based on income data. † After providing for stock appreciation and depreciation. Table 2 shows the share of national income—adjusted to a market price valuation—represented by total general Government expenditure. Since not all Government expenditure represents a direct demand on the national income—or net national product—the table also shows general Government current and capital expenditure on goods and services; that is excluding loans and transfer payments such as subsidies, pensions and other social security benefits.
TABLE 2 SHARES IN NATIONAL INCOME* Percentage General Government expenditure Total† Goods and services 1955 36.5 22.2 1956 36.4 22.2 1975 55.5 30.2 1977 49.2 27.2 * Based on expenditure data, including taxes on expenditure less subsidies. † Including government grants, subsidies, interest payments, and loans to public corporations and the private sector.