HC Deb 20 November 1985 vol 87 cc185-6W
Mr. Richard Page

asked the Secretary of State for Trade and Industry if he will give figures for manufacturing investment in the United Kingdom in inflation adjusted terms for each year from 1974 to the latest year available.

Mr. Butcher

Available information on manufacturing investment only is given in the following table.

Capital investment in United Kingdom Manufacturing Industry *
£ million at 1980 prices †
1974 7,431
1975 7,135
1976 6,838
1977 7,253
1978 7,904

£ million at 1980 prices †
1979 8,230
1980 7,314
1981 5,698
1982 5,516
1983 5,557
1984 6,372
* Divisions 2–4 of the Standard Industrial Classification (Revised 1980), including assets leased to manufacturers from the financial industries.
† Series expressed in terms of 1980 prices to adjust for inflation.