§ Mrs. BeckettTo ask the Chancellor of the Exchequer if he will make a statement on how business investment is calculated. [25549]
§ Mrs. Angela Knight[holding answer 19 April 1996]: Business investment is calculated by the Office of
UK's gross and net contributions to the EC budget £ million Year Gross contribution before refunds or abatement Negotiated refunds Abatement Gross contribution after refunds and abatement Public sector receipts Net contribution after refunds, abatement and public sector receipts 1973–74 200 — — 200 -104 96 1974–75 197 — — 197 -232 -35 1975–76 370 — — 370 -354 16 1976–77 544 — — 544 -320 224 1977–78 941 — — 941 -382 559 1978–79 1,323 — — 1,323 -555 768 1979–80 1,665 — — 1,665 -781 884 1980–81 1,900 -645 — 1,255 -1,022 233 1981–82 2,330 -959 — 1,371 -1,146 225 1982–83 2,820 -774 — 2,046 -1,308 737 1983–84 3,097 -239 — 2,858 -1,897 961 1984–85 3,614 -589 — 3,025 -1,892 1,133 1985–86 3,745 — -823 2,922 -1,930 992 1986–87 5,121 — -1,343 3,778 -2,557 1,221 1987–88 4,906 — -1,137 3,769 -1,958 1,811 1988–89 5,167 — -1,600 3,567 -2,400 1,166 1989–90 5,804 — -1,317 4,487 -2,035 2,452 1990–91 6,411 — -1,838 4,573 -2,388 2,185 1991–92 6,129 — -2,428 3,701 -2,757 943 1992–93 6,970 — -1,993 4,977 -2,810 2,168 1993–94 8,407 — -2,350 6,057 -3,865 2,192 1994–95 6,892 — -1,648 5,244 -3,603 1,641 1995–96 9,232 — -1,564 7,668 -4,135 3,533