HC Deb 08 June 1995 vol 261 cc262-3W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer if he will update his written answer to the (then) hon. Member for Dagenham, Mr. Gould, of 28 July 1983,Official Report, columns 568–9, showing the level of investment in British industry. [27128]

Mr. Nelson

Estimates at 1990 prices of capital expenditure by the industries covered by the index of industrial production1 and by manufacturing for the years 1965 to 1994 are shown in the following table.

£ million at 1990 prices
Year IOIP industries (Of which) manufacturing
1965 18,404 10,466
1966 19,628 10,796
1967 20,017 10,583
1968 19,290 11,370
1969 19,016 12,107
1970 19,481 13,022
1971 18,138 12,190
1772 15,963 10,591
1973 16,511 10,998
1974 18,882 12,153
1975 20,326 11,214
1976 21,216 10,641
1977 20,801 11,074
1978 22,353 12,838
1979 22,298 13,558
1980 21,058 12,307
1981 18,984 9,985
1982 18,772 9,518
1983 18,661 9,413
£ million at 1990 prices
Year IOIP industries (Of which) manufacturing
1984 19,825 10,975
1985 21,136 12,710
1986 20,014 12,097
1987 19,843 12,641
1988 21,383 13,846
1989 23,330 14,984
1990 23,669 14,227
1991 24,516 12,803
1992 24,516 11,590
1993 24,543 10,989
1994 21,266 11,239
1 Industry groups section C, D and E of the standard industrial classification 1992.