§ Mr. Fisherasked the Chancellor of the Exchequer what was private sector investment in manufacturing industry in each of the last 20 years, expressed in (a) cash 68W terms, (b) as a percentage of 1964–65 figures, (c) real terms, adjusted for inflation and (d) as a percentage of the 1964–65 figure adjusted for inflation.
§ Mr. MooreFigures for private sector investment in manufacturing industry are not yet available for 1984–85. Figures are given in the table for calendar years up to and including 1984.
Private Sector Manufacturing Investment* (a) Current prices £ million (b) Percentage of 1965 figure (from (a))† (c) Constant 1980 prices £ million (d) Percentage of 1965 figure (from (c))† 1965 1,397 100 6,355 100 1966 1,467 105 6,450 101 1967 1,362 97 5,978 94 1968 1,487 106 6,311 99 1969 1,696 121 6,896 109 1970 1,964 141 7,385 116 1971 1,893 136 6,482 102 1972 1,737 124 5,511 87 1973 2,165 155 6,183 97 1974 2,782 199 6,720 106 1975 3,041 218 5,879 93 1976 3,316 237 5,497 86 1977 4,190 300 5,996 94 1978 5,221 374 6,709 106 1979 6,162 441 7,088 112 1980 6,175 442 6,175 97 1981 5,097 365 4,665 73 1982 5,238 375 4,493 71 1983 5,463 391 4,454 70 1984 6,422 460 5,014 79 *Excluding leased assets. This exclusion has the effect of reducing the percentages given in columns (b) and (d) given the growth of leasing in the 1970s. † All percentages rounded to the nearest whole number.