HC Deb 11 March 1983 vol 38 cc520-1W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer if he will bring up-to-date the information given to the hon. Member for Grimsby concerning corporate savings, Official Report, 29 January 1982, c. 447–48.

Mr. Ridley

The current estimates are as follows:

Saving (undistributed income) after deducting depreciation* and stock appreciation
£ million
Industrial and commercial companies Financial companies and institutions
1960 1,680 137
1961 1,253 161

Industrial and commercial companies Financial companies and institutions
1962 989 155
1963 1,461 159
1964 1,714 158
1965 1,566 215
1966 1,153 246
1967 1,017 272
1968 1,218 288
1969 1,440 306
1970 1,153 370
1971 1,687 459
1972 2,512 544
1973 3,279 1,151
1974 1,126 974
1975 883 1,076
1976 2,380 1,705
1977 5,396 2,262
1978 7,347 1,451
1979 4,400 2,438
1980 189 1,914
1981 418 2,081
* Depreciation=capital consumption at current replacement cost.

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