HC Deb 06 December 1989 vol 163 c301W
92. Dr. Michael Clark

To ask the Secretary of State for Trade and Industry what proportion of investment in machine tools over the last three years has been on imported equipment; and if he will make a statement.

Mr. Douglas Hogg

Recent United Kingdom investment in the import of machine tools has been estimated as:

Year United Kingdom demand Imports
£ million £ million Percentage
1986 1,011 500 49.5
1987 875 425 48.6
1988 1,155 557 48.2

No information is available about the re-export of imported machine tools. The above figures take no account of re-exports. I do not propose to make a statement.

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