HC Deb 12 May 1988 vol 133 c215W
74. Mr. Stevens

To ask the Chancellor of the Exchequer what is his latest estimate of the rise in company profitability in 1987.

Mr. Major

The profitability of non-North sea industrial and commercial companies is provisionally estimated to have risen by 1½ percentage points between 1986 and 1987 to 10½ per cent.—the highest level for about 20 years.

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