HC Deb 10 July 1996 vol 281 c229W
Mr. Callaghan

To ask the Chancellor of the Exchequer what steps he is taking to bring investment in British industry to a level comparable with major competitors. [36271]

Mrs. Angela Knight

Since 1979, the ratio of business investment to GDP has been very similar in the UK to that in most other G7 countries. Our policies to deliver macro-economic stability and strengthen the long-term performance of the economy will continue to promote a climate in which businesses can plan ahead and invest with confidence.