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 Investment – 8 December 1988

Below is the text of Mr Major’s written Parliamentary Answer on Investment on 8th December 1988.


Mr. Bright To ask the Chancellor of the Exchequer if he will make a statement on the level of investment in the economy.

Mr. Major Total real fixed investment in the first half of 1988 was at its highest level ever, having grown by 9.6 per cent. on the same period a year earlier.