HC Deb 02 February 1995 vol 253 c790W
15. Mr. Macdonald

To ask the Chancellor of the Exchequer what will be the level of general and local government investment in 1997–98; and what it is currently, in real terms.

Mr. Aitken

General Government capital expenditure at 1993–94 prices is projected to be £15.2 billion in 199798 of which £5.9 billion is projected to be by local authorities. In the current year, we estimate the capital expenditure figure will be £16.8 billion of which local authorities will contribute £7.9 billion.