HC Deb 18 April 1996 vol 275 c612W
20. Mr. Sutcliffe

To ask the Chancellor of the Exchequer what plans he has to promote an increase in the level of investment. [24340]

Mrs. Angela Knight

Industry is expanding capacity as needed. In 1995, manufacturing investment was over 7½ per cent. up on a year earlier, and almost 15 per cent. higher than in 1993. Most independent forecasters expect whole economy investment to rise significantly faster in 1996 than in 1995.