Tag: 1987

  • Mr Major’s Written Parliamentary Answer on the Public Sector Borrowing Requirement – 2 November 1987

    Below is the text of Mr Major’s written Parliamentary Answer on the Public Sector Borrowing Requirement on 2nd November 1987.


    Mr. Chris Smith Asked the Chancellor of the Exchequer if he will indicate, for each of the last three financial years and in estimate form for the current financial year, the reduction in the public sector borrowing requirement which has accrued from the removal of the capital borrowing requirements of privatised industries into the private sector; and if he will break this down on an enterprise by enterprise basis.

    Mr. Major The nationalised industries’ contribution to the public sector borrowing requirement is defined as the sum of their external financing requirements. The Government cannot provide estimates, which would be purely hypothetical, of what the financing requirements of privatised companies might have been had they been still in the public sector. Details of the industries’ external finance up to the point of privatisation are published in the public expenditure White Paper for the following year; provisional outturns are first published in the cash limits provisional outturn White Paper.

  • Mr Major’s Written Parliamentary Answer on Civil Servants – 2 November 1987

    Below is the text of Mr Major’s written Parliamentary Answer on Civil Servants on 2nd November 1987.


    Mr. Rooker Asked the Chancellor of the Exchequer what is the change in the proportion of civil servants working in departmental regional offices since 1980.

    Mr. Major The proportion of all non-industrial home civil servants working in Birmingham has risen from 1.6 per cent. in January 1980 to 1.7 per cent. in January 1987.

  • Mr Major’s Written Parliamentary Answer on Price Stability – 29 October 1987

    Below is the text of Mr Major’s written Parliamentary Answer on Price Stability on 29th October 1987.


    Mr. Latham Asked the Chancellor of the Exchequer whether he will make a statement on progress towards achieving Her Majesty’s Government’s ultimate objective of price stability.

    Mr. Major Price stability remains the Government’s ultimate objective. Recent movements in the retail prices index have been consistent with the Budget forecast of 4 per cent. inflation in the fourth quarter of 1987. A new forecast will be published in the autumn statement.

  • Mr Major’s Written Parliamentary Answer on Invisible Earnings – 29 October 1987

    Below is the text of Mr Major’s written Parliamentary Answer on Invisible Earnings on 29th October 1987.


    Mr. Quentin Davies Asked the Chancellor of the Exchequer what is the current level of invisible earnings in the United Kingdom; and how it compares with the levels five and 10 years ago.

    Mr. Evennett Asked the Chancellor of the Exchequer what is the current level of invisible earnings in the United Kingdom; and how it compares with the levels five and 10 years ago.

    Mr. Major I refer my hon. Friends to the answer given earlier today by my right hon. Friend the Financial Secretary to my hon. Friend the Member for Wokingham (Mr. Redwood).

  • Mr Major’s Written Parliamentary Answer on Unit Labour Costs – 29 October 1987

    Below is the text of Mr Major’s written Parliamentary Answer on Unit Labour Costs on 29th October 1987.


    Mr. Hind Asked the Chancellor of the Exchequer what are the latest figures for unit labour costs in the United Kingdom.

    Mr. Charles Wardle Asked the Chancellor of the Exchequer what are the latest figures for unit labour costs in the United Kingdom.

    Mr. Major The latest figures show that in the first quarter of 1987 unit labour costs for the whole economy rose by 3.7 per cent. Manufacturing unit wage costs rose by 1.5 per cent. over the previous year in the three months ending in August.

  • Mr Major’s Written Parliamentary Answer on Company Investment – 29 October 1987

    Below is the text of Mr Major’s written Parliamentary Answer on Company Investment on 29th October 1987.


    Mr. Grylls Asked the Chancellor of the Exchequer if he will make a statement on the net real rate of return in the company sector.

    Mr. Major I refer my hon. Friend to the answer given earlier today by my hon. Friend the Economic Secretary to the question asked by my hon. Friend the Member for Fylde (Mr. Jack).

  • Mr Major’s Written Parliamentary Answer on Disposable Incomes – 29 October 1987

    Below is the text of Mr Major’s written Parliamentary Answer on Disposable Incomes on 29th October 1987.


    Mr. Nicholas Bennett Asked the Chancellor of the Exchequer what has been the growth in real personal disposable incomes over the past year.

    Mrs. Virginia Bottomley Asked the Chancellor of the Exchequer what has been the growth of personal disposable incomes over the past year.

    Mr. Major I refer my hon. Friends to the answer my hon. Friend the Economic Secretary gave earlier today to my hon. Friend the Member for Mid-Worcestershire (Mr. Forth).

  • Mr Major’s Written Parliamentary Answer on the National Economic Development Council – 29 October 1987

    Below is the text of Mr Major’s written Parliamentary Answer on the National Economic Development Council on 29th October 1987.


    Dr. Moonie Asked the Chancellor of the Exchequer when he next expects to meet the National Economic Development Council.

    Ms. Primarolo Asked the Chancellor of the Exchequer when he next expects to meet the National Economic Development Council.

    Mr. Macdonald Asked the Chancellor of the Exchequer when he next expects to meet the National Economic Development Council.

    Mr. Hardy Asked the Chancellor of the Exchequer when he next expects to meet the National Economic Development Council.

    Mr. Major My right hon. Friend plans to attend the next meeting of the National Economic Development Council, which will be on 13 January 1988.

  • Mr Major’s Written Parliamentary Answer on Unemployment Costs – 29 October 1987

    Below is the text of Mr Major’s written Parliamentary Answer on Unemployment Costs on 29th October 1987.


    Mr. Haynes Asked the Chancellor of the Exchequer if he will estimate the annual cost to the Exchequer of unemployment in the east midlands.

    Mrs. Walley Asked the Chancellor of the Exchequer if he will prepare a region-by-region estimate of the total annual cost to the Exchequer of unemployment.

    Mr. Gareth Wardell Asked the Chancellor of the Exchequer if he will estimate the annual cost to the Exchequer of unemployment in Wales.

    Mr. Buckley Asked the Chancellor of the Exchequer if he will estimate the annual cost to the Exchequer of unemployment in the Yorkshire and Humberside region.

    Mrs. Fyfe Asked the Chancellor of the Exchequer if he will estimate the annual cost to the Exchequer of unemployment in Scotland.

    Mr. Clelland Asked the Chancellor of the Exchequer if he will estimate the annual cost to the Exchequer of unemployment in the northern region.

    Mr. Illsley Asked the Chancellor of the Exchequer if he will prepare a region-by-region estimate of the annual cost to the Exchequer of unemployment.

    Mr. Major I refer the hon. Members to the reply I gave earlier today to the hon. Member for Leeds, West (Mr. Battle).

  • Mr Major’s Written Parliamentary Answer on Public Expenditure – 29 October 1987

    Below is the text of Mr Major’s written Parliamentary Answer on Public Expenditure on 29th October 1987.


    Mr. McAllion Asked the Chancellor of the Exchequer if he will estimate the public spending planning total for 1987-88 and 1988-89.

    Mr. Livingstone Asked the Chancellor of the Exchequer if he will estimate the public spending planning totals for 1986-87 and 1987-88.

    Mr. McLeish Asked the Chancellor of the Exchequer if he will estimate the public spending planning total for 1987-88 and 1988-89.

    Mr. Graham Asked the Chancellor of the Exchequer if he will estimate the public spending planning totals for 1987-88 and 1988-89.

    Mr. Major I refer the hon. Member to the reply I gave earlier today to the hon. Member for Barnsley, East (Mr. Patchett).

    Mr. Nelson Asked the Chancellor of the Exchequer what is his latest estimate of the public sector borrowing requirement in the current financial year.

    Mr. Major The Budget forecast for the public sector borrowing requirement in 1987-88 was £3.9 billion. A new forecast will be published in the autumn statement.