HC Deb 05 July 1955 vol 543 cc78-9W
Sir W. Darling

asked the Economic Secretary to the Treasury the latest estimated amount of the national income available for capital investment annually.

Sir E. Boyle

In both 1953 and 1954, gross domestic investment in fixed assets was about 16 per cent. of the gross national product.

Sir W. Darling

asked the Economic Secretary to the Treasury the latest approximate allocation of the national income available for capital investment annually as between nationalised industry and the free sector.

Sir E. Boyle

Estimates of domestic investment in fixed assets (including depreciation) by the nationalised industries, by the Government and local authorities, and by private industry and persons in 1954, are shown in the following table:

GROSS DOMESTIC INVESTMENT IN FIXED ASSETS IN 1954
— £ million As a percentage of total domestic investment
per cent.
Nationalised industries 547 22
Centra] Government 175 7
Local authorities 589 24
Total public investment 1,311 53
Total private investment 1,173 47
Total gross investment in fixed assets 2,484 100

Sir W. Darling

asked the Economic Secretary to the Treasury what proportion of the national income available for capital investment is now paid through banks, insurance, building societies, limited liability companies, private investors and National Savings organisations, respectively.

Sir E. Boyle

I regret that this information is not available.