Tag: 1989

  • 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.

  • Mr Major’s Written Parliamentary Answer on the Trade Deficit – 19 July 1989

    Below is the text of Mr Major’s written Parliamentary Answer on the Trade Deficit on 19th July 1989.


    Mr. Macdonald To ask the Chancellor of the Exchequer if he will give his latest estimate of Britain’s end of year trade deficit in 1989 and 1990.

    Mr. Major I refer the hon. Member to the reply I gave to the hon. Member for Bootle (Mr. Roberts) on 6 July at columns 217–18.

  • Mr Major’s Written Parliamentary Answer on Manufacturing – 19 July 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Manufacturing on 19th July 1989.


    Mr. Livsey To ask the Chancellor of the Exchequer what is his latest estimate of the deficit in manufactured trade for 1989–90.

    Mr. Major I refer the hon. Member to the reply I gave to the hon. Member for Southport (Mr. Fearn) on 21 June at column 138.

  • Mr Major’s Written Parliamentary Answer on Capital Goods Industries – 18 July 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Capital Goods Industries on 18th July 1989.


    Mr. Austin Mitchell To ask the Chancellor of the Exchequer whether he will publish in the Official Report the return on capital employed and on trading assets of the capital goods industries less building materials, contracting and construction in 1959, 1968, 1973, 1978 1980 and his estimate for 1988 together with his forecast for 1989 and 1990.

    Mr. Major No official statistics exist in the form required. Neither is a forecast made of these numbers. The Bank of England has published data taken from large companies’ accounts which shows the historic cost rate of return for a number of different industrial classifications. The latest data can be found on pages 548–49 of the “Bank of England Quarterly Bulletin” November 1988, volume 28 No. 4. A copy is available in the Library.

  • Mr Major’s Written Parliamentary Answer on Northern Region (GDP) – 18 July 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Northern Region (GDP) on 18th July 1989.


    Mr. Steinberg To ask the Chancellor of the Exchequer what is the gross domestic product per head for the northern region of the United Kingdom; and in which EEC regions the gross domestic product per head is lower than this figure.

    Mr. Major Gross domestic product per head at factor cost in the north is provisionally estimated to have been £5,389 in 1987. International comparisons of regional GDP per head by the statistical office of the European Communities are published on page 156 of “Regional Trends 24”; 1989 Edition. This shows the following regions to have had lower GDP per head than the north in 1986 (in descending order):

    Region | Country
    Wales United Kingdom
    Noreste Spain
    Oost-Nederland Netherlands
    Region wallonne/Waals gewest Belgium
    Abruzzi-Molise Italy
    Madrid Spain
    Northern Ireland United Kingdom
    Este Spain
    Sardegna Italy
    Campania Italy
    Sicilia Italy
    Sud Italy
    Noroeste Spain
    Canarias Spain
    Ireland Ireland
    Centro Spain
    Kentriki Ellada Greece
    Sur Spain
    Voreia Ellada Greece
    Portugal Portugal
    Anatolika Kai notia nisia Greece

  • Mr Major’s Written Parliamentary Answer on Earnings – 18 July 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Earnings on 18th July 1989.


    Mr. Barry Field To ask the Chancellor of the Exchequer why the Isle of Wight is omitted from “Regional Trends”, No. 24 1989 edition in table 2.6 (i) average gross weekly earnings, male and female and (ii) gross domestic product 1984.

    Mr. Major Regional figures for both average earnings and gross domestic product are based on estimates from sample surveys. For the Isle of Wight and for some other areas in the United Kingdom the sample size is too small for the publication of reliable estimates.

  • Mr Major’s Written Parliamentary Answer on Directors’ Pay – 12 July 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Directors’ Pay on 12th July 1989.


    Mr. Devlin To ask the Chancellor of the Exchequer, pursuant to the answer to the hon. Member for Beverley (Mr. Cran) of 4 May,Official Report, column 352, what further advice he has given or intends to give on the effects on industrial competitiveness of excessive pay rises for directors of large companies; and if he will make a statement.

    Mr. Major Pay is for the parties involved to agree and not for the Government to intervene. But clearly pay rises for directors, workers or anyone else must not be above what can be afforded.

  • Mr Major’s Written Parliamentary Answer on Economic Policy – 6 July 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Economic Policy on 6th July 1989.


    Mr. James Lamond To ask the Chancellor of the Exchequer what representations he has received from institutions in the City of London about United Kingdom economic policy.

    Ms. Harman To ask the Chancellor of the Exchequer what representations he has received from institutions in the City of London about United Kingdom economic policy.

    Mr. Major I refer the hon. Members to the reply I gave earlier today to the hon. Member for Clwyd, South-West (Mr. Jones).

  • Mr Major’s Written Parliamentary Answer on Public Expenditure – 6 July 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Public Expenditure on 6th July 1989.


    Mr. Wood To ask the Chancellor of the Exchequer if he will make a further statement on his plans for public expenditure in 1990–91.

    Mr. Mitchell To ask the Chancellor of the Exchequer if he will make a further statement on his plans for public expenditure in 1990–91.

    Mr. Major The Government’s expenditure plans for 1990–91 were published in the 1989 public expenditure White Paper, Cm 601–621; they will be considered in the public expenditure survey and the results will be announced in my right hon. Friend the Chancellor of the Exchequer’s Autumn Statement.

  • Mr Major’s Written Parliamentary Answer on Children in Poverty – 6 July 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Children in Poverty on 6th July 1989.


    Mrs. Mahon To ask the Chancellor of the Exchequer what representations he has had from the Child Poverty Action Group on the number of children living in poverty.

    Mr. Corbyn To ask the Chancellor of the Exchequer what representations he has had from the Child Poverty Action Group on the number of children living in poverty.

    Mr. Blunkett To ask the Chancellor of the Exchequer what representations he has had from the Child Poverty Action Group on the number of children living in poverty.

    Mr. Tom Clarke To ask the Chancellor of the Exchequer what representations he has had from Child Poverty Action Group on the number of children living in poverty.

    Mr. Major My right hon. Friend has had no such representations.