§ 23. Mr. Haynesasked the Secretary of State for Trade and Industry what representations he has received about the fall in the real value of manufacturing investment in the east midlands since 1979.
§ Mr. Giles ShawManufacturing investment is one of many subjects on which I receive representations. I refer the hon. Member to the reply I gave him on 25 February at column281.
§ 26. Mr. Winnickasked the Secretary of State for Trade and Industry what representations he has received about the fall in the real value of manufacturing investment in the west midlands since 1979.
§ Mr. Giles ShawManufacturing investment is one of many subjects on which I receive representations. I refer the hon. Member to the reply I gave the hon. Member for Stoke-on-Trent, Central (Mr. Fisher) on 25 February at column281.
§ 27. Mr. Roy Hughesasked the Secretary of State for Trade and Industry if he will make a statement on the latest figures for investment in manufacturing industry.
§ Mr. PattieInvestment in manufacturing industry was nearly 20 per cent. higher in 1986 than in 1983; even though it was some 5 per cent. down on 1985. The underlying determinants of manufacturing investment—sustained growth in the economy, improved profitability and a low rate of inflation—are very favourable and forecasters expect a significant increase in manufacturing investment in 1987.
§ 35. Mr. Allen Adamsasked the Secretary of State for Trade and Industry when he next intends to meet the Trades Union Congresss to discuss investment in manufacturing industry.
§ Mr. PattieMy right hon. Friend and I meet the TUC regularly at the National Economic Development Council, where matters relevant to improving industrial performance are discussed. I have no plans for a separate meeting on this subject.