§ Mr. Denzil DaviesTo ask the Chancellor of the Exchequer what percentage of the gross domestic product of the United Kingdom is attributable to London and the south-east.
§ Mr. Norman LamontThe latest estimates of regional gross domestic product were published in "Regional Accounts 1989 Part 1" in the November 1990 issue ofEconomic Trends (page 98 onwards). This includes provisional estimates for 1989 which suggest that 36.6 per cent. of the gross domestic product of the United Kingdom, excluding the continental shelf, is attributable to London and the south-east. Regional GDP is estimated at factor cost and at current prices using the income approach.