HC Deb 24 October 1979 vol 972 cc208-9W
Mr. Meacher

asked the Chancellor of the Exchequer what has been the level of gross trading profits net of stock appreciation in each year since 1950; what has been the percentage annual increase or decrease for each of these years; and what has been the level of gross net domestic fixed capital formation in manufacturing

Gross trading profits of industrial and commercial companies net of stock appreciation Manufacturing industry domestic fixed capital formation
£ million Change on preceding year percentage Gross £ million Change on preceding year percentage Net* £ million Change on preceding year percentage
1950 1,716 N.A. 443 N.A. 228 N.A.
1951 2,049 + 19.4 516 + 16.5 266 + 16.7
1952 2,242 +9.4 553 +7.2 261 -1.9
1953 2,406 +7.3 552 -0.2 242 -7.3
1954 2,610 + 8.5 590 +6.9 266 +9.9
1955 2,877 +10.2 686 +16.3 332 +24.8
1956 2,912 +1.2 838 +22.2 444 +33.7
1957 3,102 +6.5 928 +10.7 499 +12.4
1958 3,168 +2.1 906 -2.4 446 -10.6
1959 3,421 +8.0 866 -4.4 388 -13.0
1960 3,852 +12.6 1,021 +17.9 516 +33.0
1961 3,699 -4.0 1,249 +22.3 695 +34.7
1962 3,670 -0.8 1,182 -5.3 587 -15.5
1963 4,188 +14.1 1,068 -9.6 440 -25.0
1964 4,657 +11.2 1,232 +15.4 564 +28.2
1965 4,827 +3.7 1,425 +15.7 696 +23.4
1966 4,712 -2.4 1,518 +6.5 729 +4.7
1967 4,879 +3.5 1,484 -2.2 662 -9.2
1968 5,167 +5.9 1,592 +7.3 715 +8.0
1969 5,579 +8.0 1,867 +17.3 915 +28.0
1970 5,588 +0.2 2,130 +14.1 1,059 +15.8
1971 6,355 +13.7 2,187 +2.7 949 -10.4
1972 7,092 +11.6 2,044 -6.5 679 -28.5
1973 7,430 +4.8 2,347 +14.8 799 +17.7
1974 6,318 -15.0 3,067 +30.7 1,161 +45.3
1975 7,658 +21.2 3,522 +14.8 1,092 -5.9
1976 10,009 +30.7 3,955 +12.3 1,030 -5.7
1977 14,101 +40.9 4,974 +25.8 1,487 +44.4
1978 16,378 +16.1 5,841 +17.4 1,856 +24.8
* Gross domestic fixed capital formation less capital consumption at current replacement cost.

Sources: National Income and Expenditure 1979 Edition and CSO Databank.