§ 40. Mr. John E. B. Hill
asked the Minister of Agriculture, Fisheries and Food what the latest estimates for investment in agriculture have been for each year since 1970; and what proportion of 369W this has gone into capital improvements such as buildings and fixed equipment.
§ Mr. Anthony Stodart
Following is the information:
INVESTMENT* IN AGRICULTURE AND HORTICULTURE, UNITED KINGDOM £ million Year 1970 1971 1972 Plant, Machinery and Vehicles 133 152 192 Buildings and Works 117 133 159 Total 250 285 351 * The figures represent gross expenditure before crediting any grants which reduce the cost to the owner or occupier.
- (a) It is estimated that in 1972 investment in buildings represented about 75 per cent. of the figure shown for investment in buildings and works. No estimate is available of the proportion of investment in plant, machinery and vehicles which is represented by fixed equipment.
- (b) The provisional estimates for 1973 will be published in the 1974 Annual Review White Paper.