§ 32. Mr. O'Brien
To ask the Chancellor of the Exchequer what his forecast for the growth of business investment is for 1990.
§ Mr. Norman Lamont
My latest forecast, published in the "Financial Statement and Budget Report", projects business investment to fall by 1 per cent. in 1990. Some slowdown in the growth of business investment in 1990 must be expected as growth in the economy as a whole slows; but this follows three years when business investment has grown by over 40 per cent.