§ Mr. WattsTo ask the Chancellor of the Exchequer what was the share of gross domestic product represented by business investment in 1988.
§ Mr. MajorBusiness investment as a share of GDP was 14.6 per cent. in 1988, the highest level recorded.
§ Mr. StrangTo ask the Chancellor of the Exchequer whether he has made any study of the likely effect of a further increase in interest rates on the level of manufacturing investments in the current year.
§ Mr. MajorDevelopments in the economy are constantly monitored. Manufacturing investment is growing strongly and the outlook remains good.