§ Mr. Nicholas WintertonTo ask the Chancellor of the Exchequer what has been the total value of investment in new plant and machinery in the United Kingdom in each of the last 15 years for which figures are available.
§ 1. Mr. PortilloLatest estimates of fixed investment in plant and machinery in the United Kingdom are as follows:
Current Prices £ million Constant (1985) Prices £ million 1977 9,707 17,124 1978 11,446 18,313 1979 13,539 19,736 1980 14,958 19,660 1981 15,067 18,269 1982 16,296 18,478 1983 17,935 19,401 1984 20,266 21,227 1985 23,870 23,870 1986 24,690 24,250 1987 27,073 25,943 1988 31,428 29,762 1989 36,258 33,485 1990 36,987 32,610 1991 34,064 29,364 Source: CSO database. Identifiers DFCX and DFCY.
2. The figures are consistent with those in the CSO Press Notice "Gross Domestic Product, first quarter 1992" released on 24 June 1992.