§ Mr. Austin Mitchellasked the Chancellor of the Exchequer, further to his reply of 3 March, Official Report, c. 150, concerning trading losses of companies, whether he will publish in the Official Report corresponding figures for (a) manufacturing and (b) financial institutions.
§ Mr. RidleyThe available figures relate to "Gross Case I" losses from trading, which do not correspond to trading losses as commonly understood for commercial purposes. "Gross Case I" losses are before deduction of depreciation but after deduction of short-term interest. The estimates for the manufacturing and financial sectors are:264W
Manufacturing Financial Institutions Number of companies (000) Losses (£ million) Number of companies (000) Losses (£ million) 1978 25 500 15 175 1979 30 650 15 225 1980 35 1,300 15 300 The estimates are derived from a small sample and are therefore very tentative.