§ Mr. Fosterasked the Secretary of State for Industry what was the level of manufacturing investment in the Northern Region for each year since 1975.
§ Mr. MacGregorThe information requested is given in the following table:154W
Net Capital Expenditure* of Manufacturing Industry† in the Northern Region £ million at current prices Orders III to XIX Standard Industrial Classification (Revised 1968) Divisions 2–4 Standard Industrial Classification (Revised 1980) 1975 461.7 — 1976 576.2 — 1977 562.4 — 1978 680.6 — 1979 683.0 613.3 1980 — 492.5 * New building work plus acquisitions less disposals of land and existing buildings, vehicles and plant and machinery. Capital expenditure in respect of establishments where production had not started before the end of the year is included.
† The Standard Industrial Classification (Revised 1980) is replacing the Standard Industrial Classification (Revised 1968) in economic statistics. The revised definition of manufacturing in the new classification is not precisely equivalent to the earlier definition.