Public Sector Capital (Hansard, 3 December 1975)

HC Deb 03 December 1975 vol 901 cc660-1W 660W

§ Mr. Wigley
asked the Chancellor of the Exchequer what is the estimated public sector capital formation for the present financial year; and what have been the corresponding figures for each of the past five years.
661W

Mr. Joel Burnett
Following is the information:

PUBLIC SECTOR GROSS DOMESTIC CAPITAL FORMATION^*

£ million

1970–71 4,453

1971–72 4,579

1972–73 5,037

1973–74 6,112

1974–75 7,985

1975–76† 8,402

^* Comprises gross domestic fixed capital formation plus increase in value of stocks.

† Budget forecast as shown in Financial Statement and Budget Report 1975–76, table 5.

PUBLIC SECTOR GROSS DOMESTIC CAPITAL FORMATION^*
	£ million
1970–71	4,453
1971–72	4,579
1972–73	5,037
1973–74	6,112
1974–75	7,985
1975–76†	8,402
^* Comprises gross domestic fixed capital formation plus increase in value of stocks.
† Budget forecast as shown in Financial Statement and Budget Report 1975–76, table 5.