HC Deb 15 December 1980 vol 996 c10W
16. Mr. Woolmer

asked the Secretary of State for Industry what has been the percentage change in the level of capital investment in manufacturing industry for the latest available 12-month period.

Mr. David Mitchell

The volume of investment by manufacturing industry in the 12 months ending September 1980 was about 4 per cent. lower than in the previous 12 months. However, manufacturers are increasingly acquiring assets on financial lease from the service industries and, while firm information is not yet available, it is expected that such acquisitions will have moderated the fall.

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