HC Deb 29 July 1988 vol 138 c753W
Mr. Chris Smith

To ask the Chancellor of the Exchequer what is his estimate of the proportions of total borrowing by companies during the past six months, represented by(a) funds required to finance mergers and takeovers, (b) funds for investment in new plant, machinery, research and development and training and (c) funds for other purposes.

Mr. Major

This is a matter for my right hon. Friend the Chancellor of the Duchy of Lancaster.

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