Mr Major’s Written Parliamentary Answer on Business Investment – 8 June 1989

Below is the text of Mr Major’s written Parliamentary Answer on Business Investment on 8th June 1989.

Mr. Quentin Davies To ask the Chancellor of the Exchequer what was the share of gross domestic product represented by business investment in 1988.

Mr. Michael Brown To ask the Chancellor of the Exchequer what was the share of gross domestic product represented by business investment in 1988.

Mr. Major Business investment as a share of GDP was 14.6 per cent. in 1988, the highest level recorded.