Corporate Sector Deficit

HC Deb 17 October 1991 vol 196 c212W

25. Mr. Loyden

To ask the Chancellor of the Exchequer what was the total corporate sector deficit in 1980; and what it was in the first half of 1991.

Mr. Mellor

In 1980 industrial and commercial companies were more or less in financial balance. In the first half of 1991 their financial deficit was £7¾ billion, much lower than the deficit of £14¾ billion in the first half of 1990.