§ Dr. David ClarkTo ask the Chancellor of the Exchequer if he will give the figures for investment in industry by sector in cash and real terms for each year from 1979 until the most recent period; and if he will make a statement.
§ Mr. Mellor[holding answer 18 February 1991]: The latest estimates of the volume of investment by manufacturing industry were published in the CSO press notice "Capital Expenditure: Provisional Estimates for Q4 1990" on 14 February, available in the House of Commons Library. The most up-to-date estimates for other industries may be obtained from the CSO databank, a collection of macro-economic time series in computer-readable form to which the Library has direct access.
Business investment reached an all-time high in 1989–53 per cent. higher than its 1979 level.