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 – 26 April 1989

Below is the text of Mr Major’s written Parliamentary Answer on Business Investment on 26th April 1989.


Miss Widdecombe To ask the Chancellor of the Exchequer what are the latest figures for the growth of business investment in the economy.

Mr. Major The latest figures show that business investment was 14.3 per cent. higher in real terms in 1988 than in 1987.