The Rt. Hon. Sir John Major KG CH

Prime Minister of Great Britain and Northern Ireland 1990-1997

Chief Secretary (1987-1989)

Mr Major’s Written Parliamentary Answer on Business Investment – 16 June 1988

Below is the text of Mr Major’s written Parliamentary Answer on Business Investment on 16th June 1988.


Mr. Butler To ask the Chancellor of the Exchequer what is his latest forecast for business investment in 1988.

Mr. Ian Taylor To ask the Chancellor of the Exchequer what is his latest forecast for business investment in 1988.

Mr. Major Business investment is forecast to grow by 9 per cent. in 1988, as shown in chapter 3 of the Financial Statement and Budget Report.