HC Deb 21 October 1985 vol 84 cc18-9W
Mr. Nellist

asked the Secretary of State for Trade and Industry what was the annual rate of capital investment in (i) manufacturing and (ii) distribution and services for each year since 1970 at constant 1975 prices.

Mr. Butcher

Available information is given in the following table:

Industry's Capital Expenditure
£ million at 1980 prices*
Manufacturing Industry Distribution and Services Industries
1970 7,990 10,399
1971 7,292 11,012
1972 6,345 11,336
1973 6,786 12,548
1974 7,431 12,045
1975 7,135 10,170
1976 6,838 10,208
1977 7,253 10,993
1978 7,904 11,744
1979 8,230 12,991
1980 7,314 12,964
1981 5,698 12,238
1982 5,516 12,998
1983 5,557 13,395
1984 6,373 15,359
* As constant price series are currently expressed in terms of 1980 prices, information at 1975 prices is not readily available for recent years.
Divisions 2–4 of the Standard Industrial Classification (Revised 1980), including assets leased to manufacturers.
Divisions 6–9 of the Standard Industrial Classification (Revised 1980), excluding assets leased from the financial industries.