HC Deb 06 November 1968 vol 772 c86W
39. Mr. Michael Shaw

asked the President of the Board of Trade what is his estimate of capital investment by manufacturing industry and by the distributive and service industries, respectively, in 1968; and how this compares with the figures for 1966 and 1967.

Mr. Crosland

At constant prices, capital investment by manufacturing industry was 5 per cent. lower in 1967 than in 1966 and little or no change is expected in 1968. In the distributive and service industries there was a 3 per cent. rise between 1966 and 1967 and an increase of about 7 per cent. is expected between 1967 and 1968.