HC Deb 07 December 1971 vol 827 cc1116-7
Q1. Mr. Sheldon

asked the Prime Minister if he will place a copy of his public speech at the Guildhall on 15th November on economic matters in the Library.

The Prime Minister (Mr. Edward Heath)

I did so on 16th November, Sir.

Mr. Sheldon

In that speech the right hon. Gentleman called for a big increase in industrial investment. Will he reconcile that demand with the figures in the latest estimates by the National Institute, which show that there is likely to be a further fall in manufacturing investment next year, when it will be 6½ per cent. less than the appalling figures achieved so far this year? What does the Prime Minister propose to do about that?

The Prime Minister

I should have thought that that emphasises the importance of what I said at the Guildhall. The latest investment intentions survey suggests that manufacturing investment may begin to rise during 1972.