Mr Major’s Written Parliamentary Answer on Manufacturing Industry (Investment) – 10 March 1988

Below is the text of Mr Major’s written Parliamentary Answer on Manufacturing Industry (Investment) on 10th March 1988.

Mr. Nellist To ask the Chancellor of the Exchequer what is the current level of investment in British manufacturing industry; and what it was in real terms in 1979.

Mr. Major The provisional estimate of capital expenditure in manufacturing at 1980 prices was £7,389 million in 1987 compared to £8,229 million in 1979.