HC Deb 10 July 1995 vol 263 c405W
Mr. Clapham

To ask the President of the Board of Trade what growth targets for business investment his Department has set. [33280]

Mr. Eggar

Companies, not Governments, are best placed to take decisions about business investment. The best encouragement the Government can give companies to invest is a stable economic environment based on low inflation. With inflation staying low and the recovery proceeding steadily, business investment is expected to grow by 4.75 per cent. in 1995 and by 9.5 per cent. in 1996.