§ Mr. Fallonasked the Chancellor of the Exchequer whether he will estimate the proportion of capital spending by central and local government undertaken in the northern region.
§ Mr. Peter Rees[pursuant to his reply, 20 February 1985, c. 494]: The latest available estimates of gross domestic fixed capital formation by central and local government in the English regions were included in table 7 (page 93) of the appendix to the article "Regional Accounts, 1983" in the November 1984 issue of Economic Trends (No. 373). That table showed that total gross domestic fixed capital formation in the United Kingdom in 1982 was £4,682 million and in the northern region £268 million, representing 5.7 per cent. of the United Kingdom total.
573WThese figures are net of sales of fixed assets, which include, in particular, sales of council houses by local authorities.