HC Deb 11 April 1989 vol 150 cc422-3W
1988. Mr. Nicholas Bennett

To ask the Chancellor of the Exchequer if he will give the balance of payments deficit as a percentage of gross domestic product in(a) 1974 and (b)

Mr. Major

The current account deficit on the balance of payments was equivalent to 3.8 per cent. of GDP in 1974. In 1988 the deficit was equivalent to 3.2 per cent. of GDP.

£000 (1979 Prices)
Capital expenditure on Maintained Schools, Voluntary Aided and Special Agreement Schools, Polytechnics and Universities.
Schools
Maintained Voluntary Aided Polytechnics Universities
1979–80 258,155 n/a 19,480 153,800
1980–81 292,157 n/a 28,553 144,600
1981–82 200,860 n/a 24,128 138,800
1982–83 184,650 n/a 24,675 134,300
1983–84 186,021 13,144 20,754 123,900
1984–85 188,215 16,272 20,633 122,200
1985–86 189,164 19,381 23,501 128,300
1986–87 192,245 16,338 23,003 136,700
1987–88 1 18,184 1 128,800
1988–89 1 22,955 1 130,600
1 Not yet available.

The figures above relate to capital expenditure on schools and polytechnics in England whereas the universities figures are for Great Britain and apply to grants made on the advice of the University Grants Committee. Universities also have access to capital funding from other Government Departments, research councils and their own private funds, but such expenditure cannot be separately identified.

The figures for voluntary aided and special agreement schools show the total value for grant aided capital expenditure, including the governors' contribution of 15 per cent. Figures for the years prior to 1983–84 are not readily available.