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 Fixed Investments – 20 July 1989

Below is the text of Mr Major’s written Parliamentary Answer on Fixed Investments on 20th July 1989.

Mr. Allen To ask the Chancellor of the Exchequer what was the increase in 1988 of fixed investments expressed as a percentage of total fixed investments.

Mr. Major Total gross domestic fixed capital formation is estimated to have increased in volume by 12 per cent. between 1987 and 1988. In current prices, the increase was 18 per cent.