HC Deb 25 January 1977 vol 924 cc533-4W
Mr. D. E. Thomas

asked the Secretary of State for Wales what was Wales's share of United Kingdom fixed capital formation for the nationalised industries and of capital expenditure by manufacturing industry for each of the last 10 years.

Mr. John Morris

Figures covering all the major nationalised industries' investment in Wales are only available for the financial years 1974–75 and 1975–76. The data relate only to those elements which can be identified territorially. On this basis capital expenditure by these industries in Wales was 6.4 per cent. of the United Kingdom total—the sum of the regionally identifiable components—in 1974–75: in 1975–76 it was 6.9 per cent.

Wales's share of United Kingdom capital expenditure by all manufacturing industries is published in the Digest of Welsh Statistics, No. 22, 1976 (Table 5.25) for the years 1966–1974. In 1975, the latest year for which information is available, it is estimated that some 7.8 per cent. of United Kingdom manufacturing investment was located in Wales.