§ 38. Mr. BattleTo ask the Chancellor of the Duchy of Lancaster what is the most recently available figure for manufacturing investment.
§ Mr. ButcherProvisional estimates of investment in the third quarter of 1987 — the most recent available — together with other investment figures were published on 19 November 1987 in the form of a press release. The estimate for manufacturing industry, including leased assets, is £1.9 billion at 1980 prices.
§ 55. Mr. WallTo ask the Chancellor of the Duchy of Lancaster what is the rate investment by manufacturing industry; and how it compares with the rate in 1979.
§ Mr. ButcherThe latest year for which investment statistics are available is 1986, when investment in manufacturing industry, including leased assets, was £7.1 billion at 1980 prices. The corresponding investment in 1979 was £8.2 billion at 1980 prices. The latest investment intentions survey carried out by my Department indicates that in 1987 investment in manufacturing industry, including leased assets, will be about 4 per cent, higher than in 1986.