HC Deb 13 March 1996 vol 273 cc660-1W
34. Mr. Burden

To ask the President of the Board of Trade what estimate he has made of the level of manufacturing investment per head in(a) the United Kingdom and (b) other Organisation for Economic Co-operation and Development. [18724]

Mr. Oppenheim

In 1993 manufacturing investment per employee was £2,800 in the United Kingdom, £4,900 in the US, £3,700 in Canada and Finland, £3,500 in Denmark, £3,400 in Germany and £2,900 in Sweden. UK manufacturing industry invested a similar proportion of its output to Germany and the US over the last economic cycle.