§ Mr. Hordernasked the Secretary of State for Industry if he will publish a table showing the value of equipment financed by leasing in each of the past 10 years; and if he will show what proportion of total investment in equipment this form of financing represents.
§ Mr. Les HuckfieldInformation on investment in plant, machinery and vehicles by the service industries for leasing, hiring and renting out is available only for 1975 onwards. The required figures for this period are as follows:—
GROSS DOMESTIC FIXED CAPITAL FORMATION IN PLANT, MACHINERY AND VEHICLES Year Total, all sectors For leasing, hiring and renting out by the service industries £ million at current prices £ million at current prices As percentage of total 1975 8,831 502 5.7 1976 10,617 614 5.8 1977 12,766 934 7.3 1978* 14,800 1,400 9.5 * Provisional.