HC Deb 30 October 1970 vol 805 c231W
Mr. Longden

asked the Chancellor of the Exchequer what proportion of total capital investment went into the public and private sectors of industry, respectively, in the most recent convenient period; and what was the resulting increase in productivity in each case.

Mr. Higgins

In the year ending June, 1970, 20 per cent. of total gross domestic fixed capital formation was invested by industries, other than dwellings and public services, in the public sector and 46 per cent. by the corresponding industries in the private sector. The resulting increases in productivity cannot be estimated.