Tag: 1989

  • Mr Major’s Written Parliamentary Answer on Labour Statistics – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Labour Statistics on 23rd February 1989.


    Mr. Brandon-Bravo To ask the Chancellor of the Exchequer what was the total fall in long-term unemployment in the year to October 1988.

    Mr. Ian Bruce To ask the Chancellor of the Exchequer what was the total fall in long-term unemployment in the year to October 1988.

    Mr. Goodlad To ask the Chancellor of the Exchequer what was the total fall in long-term unemployment in the year to October 1988.

    Mr. Wilshire To ask the Chancellor of the Exchequer what was the total fall in long-term unemployment in the year to October 1988.

    Mr. Major In the year to October 1988, long-term unemployment fell by 280,000.

  • Mr Major’s Written Parliamentary Answer on Overseas Assets – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Overseas Assets on 23rd February 1989.


    Mr. Jacques Arnold To ask the Chancellor of the Exchequer what is his estimate of the stock of United Kingdom net overseas assets at the end of 1987; and what earnings were generated by these assets in 1987.

    Mr. Watts To ask the Chancellor of the Exchequer what is his estimate of the stock of United Kingdom net overseas assets at the end of 1987; and what earnings were generated by these assets in 1987.

    Mr. Hayward To ask the Chancellor of the Exchequer what is his estimate of the stock of United Kingdom net overseas assets at the end of 1987; and what earnings were generated by those assets in 1987.

    Mr. Paice To ask the Chancellor of the Exchequer what is his estimate of the stock of United Kingdom net overseas assets at the end of 1987; and what earnings were generated by these assets in 1987.

    Mr. Moss To ask the Chancellor of the Exchequer what is his estimate of the stock of United Kingdom net overseas assets at the end of 1987; and what earnings were generated by these assets in 1987.

    Mr. Major The stock of net overseas assets is estimated to have been £89.5 billion at the end of 1987. The net earnings on the United Kingdom’s net assets in 1987 are estimated to have been £5,463 million.

  • Mr Major’s Written Parliamentary Answer on Companies (Rate of Return) – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Companies (Rate of Return) on 23rd February 1989.


    Mr. Evennett To ask the Chancellor of the Exchequer if he will give an estimate of the net real rate of return on non-North sea industrial and commercial companies in 1987.

    Mr. Ian Taylor To ask the Chancellor of the Exchequer if he will give an estimate of the net real rate of return on non-North sea industrial and commercial companies in 1987.

    Mr. Mans To ask the Chancellor of the Exchequer if he will give an estimate of the net real rate of return of non-North sea industrial and commercial companies in 1987.

    Mr. Major The net rate of return for non-North sea industrial and commercial companies rose for the sixth successive year to reach 10.2 per cent. in 1987. For 1988 it was forecast to be about 12 per cent. in the Autumn Statement, its highest level for 24 years.

  • Mr Major’s Written Parliamentary Answer on Manufacturing Industry – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Manufacturing Industry on 23rd February 1989.


    Mr. Burt To ask the Chancellor of the Exchequer what is his latest estimate of the investment intention of British manufacturing industry.

    Mr. Irvine To ask the Chancellor of the Exchequer what is his latest estimate of the investment intentions of British manufacturing industry.

    Mr. Key To ask the Chancellor of the Exchequer what is his latest estimate of the investment intentions of British manufacturing industry.

    Mr. Major The latest survey of investment intentions carried out by the Department of Trade and Industry and published in December showed that manufacturing investment was expected to increase by 11 per cent. in real terms in 1989.

  • Mr Major’s Written Parliamentary Answer on Incomes – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Incomes on 23rd February 1989.


    Mr. Robert G. Hughes To ask the Chancellor of the Exchequer what has been the growth of real personal disposable income over the latest 12-month period for which figures are available.

    Mr. Tredinnick To ask the Chancellor of the Exchequer what has been the growth of real personal disposable income over the latest 12-month period for which figures are available.

    Sir Michael McNair-Wilson To ask the Chancellor of the Exchequer what has been the growth of real personal disposable income over the latest 12-month period for which figures are available.

    Mr. Nicholas Bennett To ask the Chancellor of the Exchequer what has been the growth of real disposable personal income over the latest 12-month period for which figures are available.

    Mr. Major I refer my hon. Friends to the answer my right hon. Friend the Financial Secretary gave earlier today to my hon. Friend the Member for Fylde (Mr. Jack).

  • Mr Major’s Written Parliamentary Answer on Employment – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Employment on 23rd February 1989.


    Mr. Tim Smith To ask the Chancellor of the Exchequer what has been the growth of total employment since 1983.

    Mr. Cash To ask the Chancellor of the Exchequer what has been the growth of total employment since 1983.

    Mr. William Powell To ask the Chancellor of the Exchequer what has been the growth of total employment since 1983.

    Dr. Twinn To ask the Chancellor of the Exchequer what has been the growth of total employment since 1983.

    Mr. Major The work force in employment has increased by over 2¼ million since March 1983 to over 25¼ million, its highest ever level.

  • Mr Major’s Written Parliamentary Answer on Balance of Payments – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Balance of Payments on 23rd February 1989.


    Mr. Radice To ask the Chancellor of the Exchequer what is his latest forecast for the balance of payments in 1989 and 1990.

    Mr. Hardy To ask the Chancellor of the Exchequer what is his estimate of the balance of payments deficit in 1988–89 and 1989–90.

    Mr. Major The Autumn Statement provided forecasts of the current account for calendar years 1988 and 1989 only. A new forecast will be published on Budget day.

  • Mr Major’s Written Parliamentary Answer on Investment and Consumption – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Investment and Consumption on 23rd February 1989.


    Mr. Redwood To ask the Chancellor of the Exchequer what was the growth of (a) total investment and (b) total consumption in 1988.

    Mrs. Gorman To ask the Chancellor of the Exchequer what was the growth of (a) total investment and (b) total consumption in 1988.

    Mr. Carrington To ask the Chancellor of the Exchequer what was the growth of (a) total investment and (b) total consumption in 1988.

    Mr. Wood To ask the Chancellor of the Exchequer what was the growth of (a) total investment and (b) total consumption in 1988.

    Mr. Major Figures for total investment and total consumption for the whole of 1988 are not yet available. In the first three quarters of 1988 total investment and total consumption were 9.1 per cent. and 5 per cent. higher respectively than in the same period a year earlier.

  • Mr Major’s Written Parliamentary Answer on Manufactured Goods – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Manufactured Goods on 23rd February 1989.


    Mr. Butterfill To ask the Chancellor of the Exchequer what information he has on the value of exports of manufactured goods for the United Kingdom for each of the last two years; and if he will make a statement.

    Mr. Major United Kingdom exports of manufactured goods rose in value from £60,656 million in 1987 to £65,454 million in 1988. This is another indicator reflecting the strong performance of our manufacturing sector.

  • Mr Major’s Written Parliamentary Answer on Economic Growth – 23 February 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Economic Growth on 23rd February 1989.


    Mr. Andrew MacKay To ask the Chancellor of the Exchequer what is his latest estimate of economic growth in the most recent one-year period for which figures are available.

    Mr. Neil Hamilton To ask the Chancellor of the Exchequer what is his latest estimate of economic growth in the most recent one-year period for which figures are available.

    Mr. Boswell To ask the Chancellor of the Exchequer what is the current rate of economic growth.

    Mr. Major The output measure of gross domestic product grew by 4¾ per cent. in real terms in 1988. This has been the fourth consecutive year of growth in excess of 3 per cent., a performance unmatched since the war.