HC Deb 07 July 1980 vol 988 cc71-2W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing for each year since 1948 the savings after depreciation and stock appreciation of (a) industrial and commercial companies, (b) financial companies and institutions and (c) manufacturing companies.

Mr. Lawson

Information on (a) and (b) was published in the 1979 edition of National Income and Expenditure (tables 5.6 and 5.7). However, there have been substantial revisions since then. The current estimates are given below:

SAVING (UNDISTRIBUTED INCOME) AFTER DEDUCTING DEPRECIATION* AND STOCK APPRECIATION
£ million
(a) (b)
Industrial and commercial companies Financial companies and institutions
1948 1,007 49
1949 502 54
1950 608 57
1951 877 71
1952 698 98
1953 832 77
1954 1,095 86
1955 1,119 107
1956 1,202 115
1957 1,199 129
1958 1,214 119
1959 1,287 113
1960 1,681 136
1961 1,254 160
1962 991 153
1963 1,472 156
1964 1,721 156
1965 1,572 213
1966 1,158 243
1967 1,018 268
1968 1,166 284
1969 1,382 304
1970 1,097 356
1971 1,653 453
1972 2,407 541
1973 3,118 1,006
1974 450 887
1975 521 805
1976 2,601 1,360
1977 3,599 1,393
1978 4,664 2,135
1979 .. ..
* Depreciation=Capital consumption at current replacement cost.
.. Not available.

Source: National Income and Expenditure 1979 Edition, Tables 5.6 and 5.7 (including later revisions).

More up-to-date information, including that for 1979, will be published in the 1980 edition of National Income and Expenditure, in September 1980.

Figures are not available for the savings after depreciation and stock appreciation of manufacturing companies.