§ 141. Mr. StrangTo ask the Chancellor of the Exchequer what is his estimate of the level of industrial investment in the last year; and what change he expects in investment in the current year.
§ Mr. MajorTotal business investment in 1988 was £49.8 billion at 1985 prices, its highest level ever, as a percentage of GDP. It was forecast in the Financial Statement and Budget Report to increase yet further, by 8 per cent. in 1989.