HC Deb 11 February 1980 vol 978 cc508-9W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer whether he will publish in the Official Report a table for each year since 1967 showing (a) the amount borrowed by manufacturing industry less foodstuffs from (i) the banks by way of advances and (ii) all sources by way of, respectively, ordinary share issues, debentures, preference shares and other means, (b) the amount borrowed by the public sector in competition with the private sector, (c) the trading profits of manufacturing industry, (d) the profits of manufacturing industry after tax and (e) the rates of bank advances to the profits of manufacturing industry after tax.

Mr. Lawson

The information can be compiled from the following sources:

  1. (a)(i) Table 6.17 of Financial Statisticswhich gives an analysis for each banking quarter of total outstanding advances by industry category of borrower.
  2. (ii) Table 12.2 of Financial Statistics which refers to net issues of debentures, ordinary and preference shares.
  3. (d) Financing of the public sector borowing requirement is shown in Financial Statistics table 2.6 ("the amount borrowed in competition 509 with the private sector" is not a well defined concept and cannot be expressed in the statistics).
  4. (c) Table 5.8 of the 1979 Blue Book which gives information for each year up to and including 1977.
  5. (a(ii) and d) Information on after tax profits and other sources of funds are available for large manufacturing companies from the Department of Industry's regular analysis of companies published annual accounts, the results of which are published in detail in Business Monitor MA3—Company Finance.

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