Mr Major’s Written Parliamentary Answer on Capital (Rate of Returns) – 20 July 1989

Below is the text of Mr Major’s written Parliamentary Answer on Capital (Rate of Returns) on 20th July 1989.


Mr. Austin Mitchell To ask the Chancellor of the Exchequer whether he will publish in the Official Report the net rate of return on capital employment in manufacturing industry each year since 1959 and his forecast for 1989 together with the return on trading assets.

Mr. Major Official data for the current cost net rate of return on capital employed in manufacturing companies are published in “British Business”, 30 September 1988. A copy is available in the Library. No official forecast is available.