Capital Expenditure on Fixed Assets and Percentage of Gross National Product

HC Deb 03 August 1965 vol 717 cc298-9W

Mr. Barnett

asked the Postmaster-General (1) what was the annual investment in telephones in each of the years 1951–52 to 1964–65;

(2) what percentage of the gross national product was devoted to telephone expansion in each of the years 1951–52 to 1964–65.

Mr. Benn

Capital expenditure on Telecommunications fixed assets	Percentage of G.N.P.
	£m.	Percentage
1951–52	48	0.36
1952–53	61	0.43
1953–54	67	0.44
1954–55	70	0.43
1955–56	83	0.48
1956–57	92	0.49
1957–58	92	0.47
1958–59	90	0.44
1959–60	94	0.43
1960–61	98	0.43
1961–62	115	0.47
1962–63	122	0.48
1963–64	151	0.56
1964–65	174	0.59