HC Deb 23 June 1978 vol 952 c357W
Mr. Sillars

asked the Secretary of State for Industry if the Government finance aid to civil aircraft development projects by borrowing or out of revenue.

Mr. Les Huckfield

New civil aircraft programmes undertaken by British Aerospace will normally be funded, as part of the Corporation's capital investment programme, from its internal resources and a mixture of public dividend capital and loans from the National Loans Fund. The sources of these forms of central

MANUFACTURING INDUSTRY INVESTMENT AS PERCENTAGE OF GROSS DOMESTIC PRODUCT AT MARKET PRICES*
1970 1971 1972 1973 1974 1975
Belgium 5.7 5.5 4.7 4.5 5.3 4.7
Denmark 2.5 2.3 2.1 2.3 2.6 N.A.
Italy† 5.0 5.1 4.8 5.4 6.3 N.A.
Luxembourg 8.6 11.3 9.8 8.5 6.3 6.4
Netherlands‡ 6.2 5.8 4.5 4.2 4.4 4.2
United Kingdom 4.2 3.9 3.3 3.2 3.9 3.3
United States of America 4.4 4.2 4.1 4.1 4.2 3.8
Japan 9.2 7.5 6.9 7.6 6.7 4.8
Source: United Nations Yearbook of National Accounts Statistics 1974.
N.A.=Not available.
* Calculated from data at current prices.
† Includes mining and quarrying.
‡ Includes repair services.

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