§ Mr. MorganTo ask the Chancellor of the Exchequer what is the percentage rate of growth of capital investment in the United Kingdom over the decade 1979 to 1989, and what is the Organisation for Economic Co-operation and Development average for the same period.
§ Mr. Norman LamontGross domestic fixed capital formation in the United Kingdom is estimated to have grown by 34 per cent. at constant 1985 prices over the period 1979 to 1988, the last year for which full figures are available. For the Organisation for Economic Co-operation and Development as a whole, the latest estimates show a growth of 29 per cent. over the same period at constant 1985 prices and exchange rates.