§ Mr. Ellis Smithasked the Economic Secretary to the Treasury to set out, in tabular form, the gross fixed capital formation in manufacturing industry for the last seven years and 1938; and the funds available for investment in the same period.
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§ Mr. MaudlingFollowing is the answer:
GROSS FIXED CAPITAL FORMATION IN MANUFACTURING INDUSTRY £ million 1948 … … … … 373 1949 … … … … 420 1950 … … … … 492 1951 … … … … 585 1952 … … … … 625 The figures for 1948–52 are given in table 14 of the Economic Survey for 1953 (Cmd. 8800).
Figures for 1938, 1946 and 1947 are not available. Separate figures of sources of finance for investment in manufacturing industry as such are not available but some relevant information is contained in the National Income and Expenditure, 1946–51, published by H.M.S.O. in August, 1952, especially in table 31, in the Economic Survey for 1953, table 18, and in the Preliminary Estimates of National Income and Expenditure. 1948 to 1952 (Cmd. 8803), table 6.
§ Mr. Ellis Smithasked the Economic Secretary to the Treasury to set out, in tabular form, the gross fixed capital formation by industry in agriculture, coal mining, railways and air transport, for 1938, 1948, 1949, 1950, 1951 and 1952.
§ Mr. MaudlingFollowing is the answer:
GROSS FIXED CAPITAL FORMATION £ million — 1938 1948 1949 1950 1951 1952 Agriculture — 84 82 84 89 81 Coalmining — 24 31 27 30 41 Railways 30 63 62 58 60 60 Air transport 1 18 31 16 14 17 1. Figures for 1948–51 are given in National Income and Expenditure, 1946–1951, published by H.M.S.O. in August, 1952. The figures for coalmining include ancillary activities other than coke-ovens.
2. No figures are available for agriculture or coalmining in 1938.
3. Figures for 1952 are provisional.