HC Deb 17 February 1977 vol 926 c363W
49. Mr. Dudley Smith

asked the Minister of Agriculture, Fisheries and Food what is the current level of investment in the agricultural industry compared with the level in 1973, at 1973 prices.

57. Sir P. Bryan

asked the Minister of Agriculture, Fisheries and Food what is the current level of investment in the agricultural industry compared with the level in 1973, at 1973 prices.

Mr. Strang

Total annual new investment in agriculture comprises gross fixed capital formation in plant, machinery, vehicles, buildings and works, together with the increase during the year in stocks and work in progress. Gross fixed capital formation at 1973 prices is estimated at £440 million in 1973 and £367 million in 1976. I regret that no corresponding estimate is available for stocks and work in progress.