§ Mr. HainTo ask the Chancellor of the Exchequer (1) what was the figure for the annual amount of corporate debt in the United Kingdom for each year from 1978–79(a) expressed in actual terms and (b) expressed at current prices;
(2) what was the annual amount of personal debt in the United Kingdom for each year from 1978–79 (a) expressed in actual terms and (b) expressed at current prices.
§ Mr. MellorThe figures, on a calendar year basis, are as follows. Financial year figures are not readily available.
26W
Total liabilities at market values (£ billion, end of year) Industrial and commercial companies Personal sector1 Real terms2 Current prices Real terms2 Current prices 1978 404.1 165.2 159.2 65.1 1979 396.5 189.8 164.4 78.7 1980 390.4 218.4 163.2 91.3 1981 415.8 247.0 184.5 109.6 1982 460.0 292.5 202.9 129.0 1983 513.2 341.9 229.2 152.7 1984 571.1 402.3 252.8 178.1 1985 621.0 455.8 282.6 207.4 1986 744.2 562.3 321.5 242.9 1987 800.6 640.7 357.9 286.4 1988 861.8 744.4 397.2 343.1 1989 1,017.7 936.3 430.7 396.2 1990 929.5 929.5 441.7 441.7 1 Includes unincorporated businesses and non-profit making bodies serving persons as well as individuals. 2 End-1990 prices based on the GDP(E) at factor cost implied deflator.