Economists (Hansard, 21 October 1992)

§ Mr. John Marshall
To ask the Chancellor of the Exchequer how many economists are employed in the Treasury; and what is their total remuneration.

§ Mr. Nelson
There are currently 87 staff working as economists in the Treasury. Their total annual remuneration is about £2,500,000 based on current pay rates.

Amounts invested Cost of income tax relief

Total of which investment in private rented housing Total of which in respect of investment in private rented housing

£ million amount (£ million) per cent. (£ million) (£ million)

1983–84 105 — — 50 —

1984–85 148 — — 75 —

1985–86 157 — — 85 —

1986–87 169 — — 95 —

1987–88 201 — — 120 —

1988–89 421 368 87 150 130

1989–90¹ 216 162 75 75 55

1990–91¹ 323 283 88 120 105

1991–92¹ 450 420 93 160 150

1 Provisional estimates.

§ Mr. Battle
To ask the Chancellor of the Exchequer how many new lettings from investments under the business expansion scheme in 1989–90 there were in(a) south-east England and (b) the United Kingdom; and what percentage these figures represent of (i) all privately rented property and (ii) all rented property.

§ Mr. Dorrell
Provisional estimates for new lettings from investments under the business expansion scheme in 1989–90 are as follows:

New tellings

As a percentage of:

Total number All privately rented property Per cent. All rented property Per cent.

South-east England 1,100 0.20 0.05

United Kingdom 3,100 0.18 0.04

§ Mr. Battle
To ask the Chancellor of the Exchequer what was the(a) total amount invested in the business expansion

Companies receiving BES Investments

1989–90 1990–91

Industry Number of companies Amount of investment Number of companies Amount of investment

£ million £ million

Agriculture, horticulture, forestry and fishing 23 2 7 1

Minerals, chemicals and manufacture of metals 21 2 26 1

Mechanical engineering 11 2 9 —

Electrical and electronic engineering 25 2 14 2

	Amounts invested	Cost of income tax relief
	Total	of which investment in private rented housing	Total	of which in respect of investment in private rented housing
	£ million	amount (£ million)	per cent.	(£ million)	(£ million)
1983–84	105	—	—	50	—
1984–85	148	—	—	75	—
1985–86	157	—	—	85	—
1986–87	169	—	—	95	—
1987–88	201	—	—	120	—
1988–89	421	368	87	150	130
1989–90¹	216	162	75	75	55
1990–91¹	323	283	88	120	105
1991–92¹	450	420	93	160	150
1 Provisional estimates.

New tellings
		As a percentage of:
	Total number	All privately rented property Per cent.	All rented property Per cent.
South-east England	1,100	0.20	0.05
United Kingdom	3,100	0.18	0.04

Companies receiving BES Investments
	1989–90	1990–91
Industry	Number of companies	Amount of investment	Number of companies	Amount of investment
		£ million		£ million
Agriculture, horticulture, forestry and fishing	23	2	7	1
Minerals, chemicals and manufacture of metals	21	2	26	1
Mechanical engineering	11	2	9	—
Electrical and electronic engineering	25	2	14	2