§ Mr. PikeTo ask the Chancellor of the Exchequer (1) what was the level of manufacturing investment in the United Kingdom in 1979 and 1989 on a constant value basis, by regions;
(2) if he will publish a table, using 1979 at a value of 100, of investment in real terms in manufacturing in the north-west for each of the last 11 years.
§ Mr. LamontI refer the hon. Member to the reply I gave to him on 16 May,Official Report, column 442. Constant price estimates are not made because there are no regional price indices.
§ Mr. Gordon BrownTo ask the Chancellor of the Exchequer if he will give for each year from 1979 to date manufacturing investment, including leased assets, at 1985 and current prices(a) including and (b) excluding company cars as defined for the purposes of taxation by the Inland Revenue.
§ Mr. Norman LamontEstimates of manufacturing investment from 1979 to 1989 are given in the following table:414W
Manufacturing investment, including leased assets (£ million) Year Current prices 1985 prices 1979 7,154 11,150 1980 7,309 9,911 1981 6,235 7,735 1982 6,521 7,603 1983 6,822 7,516 1984 8,427 8,934 1985 10,265 10,264 1986 9,982 9,654 1987 11,014 10,142 1988 12,652 11,334 1989 13,920 12,043 Estimates excluding company cars are not available.