HC Deb 26 March 2001 vol 365 cc435-6W
Ms Harman

To ask the Secretary of State for Trade and Industry what total new investment was in business in London in(a) 1996 and (b) the most recent year for which figures are available. [154778]

Mr. Caborn

Regional statistics on business investment are currently available for manufacturing only. The Office for National Statistics' 'Annual Business Inquiry' shows that in 1996 business investment in London was £1.16 billion. In 1997 (the most recent year for which information is available) investment in London was £1.3 billion.

ONS plan to extend coverage to include the service sector later this year.