§ Lord Pearson of Rannochasked Her Majesty's Government:
What they estimate is the value of the United Kingdom mergers and acquistions industry to the British economy and how many jobs they believe it sustains. [HL332]
§ Lord McIntosh of HaringeyThe information requested falls within the responsiblity of the Director of the Office for National Statistics, who has been asked to reply.
88WALetter to Lord Pearson of Rannoch from the Director of the Office for National Statistics, Dr. T. Holt, dated 20 December 1999.
As Director of the Office for National Statistics (ONS), I have been asked to reply to your parliamentary questions on the value of the United Kingdom (UK) mergers and acquisitions industry to the British economy, and how many jobs it sustains.
There is no acquisitions and mergers industry within the UK Standard Industrial Classification of Economic Activities 1992 (SIC92). The activities would therefore be recorded within the activity of other industries.