§ Mr. Brotherton
asked the Secretary of State for Industry how many people are employed in Economics and Statistics Division 6A(1) of his Department; what grades they are in; and what are the principal activities of that division.
§ Mr. Les Huckfield
The following staff are employed in this section:
Statistician … 3 Senior assistant Statistician … 1 Higher executive officer … 3 Executive officer … 12 Clerical officer … 23 Clerical assistant … 2 Total … 44
Part-time staff are counted as half.
The main activity of the section is the summarisation of the published annual accounts of a sample of large companies, the results of which are published annually in "Business Monitor M3." It is also responsible for compiling and publishing quarterly statistics of company liquidity, investments by insurance companies and private pension funds, acquisitions and mergers, and insolvencies. At present it is also undertaking a survey of the ownership of listed company shares at the end of 1975. The section is also responsible for analysis and briefing on matters relating to these and other aspects of financial statistics.