HC Deb 13 December 1993 vol 234 cc464-5W
Mr. Nicholas Brown

To ask the Chancellor of the Exchequer (1) if he will publish a table giving business investment measured in current prices as a percentage of gross domestic product, measured in current prices(a) for each year since 1974 and (b) for each quarter since 1988; and what was the average for the periods 1974 to 1979 and 1979 to 1992;

(2) what proportion of gross domestic product he estimates is accounted for by gross business investment (a) in 1993–94 and (b) in each year since 1989.

Mr. Nelson

The latest estimates of business investment at current and constant prices and gross domestic product at current and constant market prices to the third quarter of 1993 are available on the CSO database which may be accessed by the House of Commons Library. The relevant database identifiers are DEOO and CAOB at current prices and DEMS and CAOO at constant prices. Her Majesty's Treasury does not publish financial year forecasts of business investment.

Quantile group of taxpayers Total earned income1(£ billion) Average earned income (£) Total investment income (£ billion) Average investment income (£)
Top 1 per cent. 24 95,500 8 29,900
Top 5 per cent. 62 49,200 13 10,100
Top 10 per cent. 95 37,700 16 6,400
Bottom 70 per cent. 156 8,800 9 700
Bottom 50 per cent. 91 7,200 8 600
Bottom 10 per cent. 11 4,500 1 500
All taxpayers 345 13,700 35 1,400
1 Income from employment, self-employment and pensions.

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