The Rt. Hon. Sir John Major KG CH

Tag: 1989

  • Mr Major’s Written Parliamentary Answer on Employment – 26 January 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Employment on 26th January 1989.

    Mr. Devlin To ask the Chancellor of the Exchequer what has been the growth of (a) self-employment and (b) part-time employment in the United Kingdom since 1979.

    Mr. Major Between June 1979 and September 1988 the number of self-employed people in Great Britain rose by 60 per cent. to nearly 3 million. Over the same period, the part-time work force in employment rose by 30 per cent. to more than 6 million.

  • Mr Major’s Written Parliamentary Answer on Public Sector Surplus – 26 January 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Public Sector Surplus on 26th January 1989.

    Mr. Janman To ask the Chancellor of the Exchequer what is his latest forecast for the level of public sector surplus in 1988–89.

    Mr. Major I refer my hon. Friend to the reply that my right hon. Friend the Chancellor of the Exchequer gave earlier today to my hon. Friend the Member for Bridlington (Mr. Townend).

  • Mr Major’s Written Parliamentary Answer on Labour Costs – 26 January 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Labour Costs on 26th January 1989.

    Mr. Gregory To ask the Chancellor of the Exchequer what is his latest information on the growth of unit labour costs in manufacturing industry.

    Mr. Burns To ask the Chancellor of the Exchequer what is his latest information on the growth of unit labour costs in manufacturing industry.

    Sir Hal Miller To ask the Chancellor of the Exchequer what is his latest information on the growth of unit labour costs in manufacturing industry.

    Sir David Price To ask the Chancellor of the Exchequer what is his latest information on the growth of unit labour costs in manufacturing industry.

    Mr. Major In the three months to November, manufacturing unit wage costs increased by 0.5 per cent. on the same period a year earlier.

  • Mr Major’s Written Parliamentary Answer on Investment – 26 January 1989

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

    Mr. Tim Smith To ask the Chancellor of the Exchequer what are the latest figures for the growth of manufacturing investment.

    Mr. French To ask the Chancellor of the Exchequer what are the latest figures for the growth of manufacturing investment.

    Mr. John Greenway To ask the Chancellor of the Exchequer what are the latest figures for the growth of manufacturing investment.

    Mr. Major In the first three quarters of 1988., manufacturing investment was 11 per cent. higher than in the same period a year earlier.

    Mr. Redwood To ask the Chancellor of the Exchequer what has been the growth of total fixed investment in the United Kingdom since 1981.

    Mr. Hind To ask the Chancellor of the Exchequer what has been the growth of total fixed investment in the United Kingdom since 1981.

    Mr. Fishburn To ask the Chancellor of the Exchequer what has been the growth of total fixed investment in the United Kingdom since 1981.

    Mr. Bill Walker To ask the Chancellor of the Exchequer what has been the growth of total fixed investment in the United Kingdom since 1981.

    Mr. David Davis To ask the Chancellor of the Exchequer what has been the growth of total fixed investment in the United Kingdom since 1981.

    Mr. Major In the first three quarters of 1988 total fixed investment was 43 per cent. higher in real terms than in 1981.

    Mr. Hayes To ask the Chancellor of the Exchequer what has been the ratio between the growth of investment and the growth of consumption over the past five years.

    Mrs. Peacock To ask the Chancellor of the Exchequer what has been the ratio between the growth of investment and the growth of consumption over the past five years.

    Mr. David Shaw To ask the Chancellor of the Exchequer what has been the ratio between the growth of investment and the growth of consumption over the past five years.

    Mr. David Nicholson To ask the Chancellor of the Exchequer what has been the ratio between the growth of investment and the growth of consumption over the past five years.

    Mr. Major Investment has grown over one and a half times faster than consumption over the past five years up to the third quarter of 1988.

    Mrs. Roe To ask the Chancellor of the Exchequer what is his latest estimate of the growth in total investment in 1988.

    Mr. Whitney To ask the Chancellor of the Exchequer what is his latest estimate of the growth in total investment in 1988.

    Mr. Major Total investment was forecast in the Autumn Statement to increase in real terms by 12 per cent. in 1988.

    Mr. Cousins To ask the Chancellor of the Exchequer if he will make a statement on current foreign investment and capital flows into the United Kingdom.

    Mr. Doran To ask the Chancellor of the Exchequer if he will make a statement on current foreign investment and capital flows into the United Kingdom.

    Mr. Major I refer the hon. Member to the reply that I gave to the hon. Member for Bridgend (Mr. Griffiths) on 23 January at column 374.

    Mr. Darling To ask the Chancellor of the Exchequer if he will provide the latest available data on net flows of(a) direct investment, (b) portfolio investment and (c) banking flows into the United Kingdom in 1988.

    Mr. Major I refer the hon. Member to the reply that my hon. Friend the Economic Secretary gave earlier today to the hon. Member for Edinburgh, South (Mr. Griffiths).

    Mr. Robert G. Hughes To ask the Chancellor of the Exchequer what is his latest estimate of the growth in total investment in 1988.

    Mr. Major Total investment was forecast in the Autumn Statement to increase in real terms by 12 per cent. in 1988.

  • Mr Major’s Written Parliamentary Answer on Government Expenditure – 25 January 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Government Expenditure on 25th January 1989.

    Mr. Ralph Howell To ask the Chancellor of the Exchequer what has been the average general Government expenditure in cash terms, real terms, and as a percentage of gross domestic product for each period of five years since 1959.

    Mr. Major Figures for general Government expenditure (excluding privatisation proceeds) in cash and real terms and money gross domestic product for 1963–64 to 1991–92, for which five yearly averages can be derived, were given in table 1.1 of the 1988 Autumn Statement. For earlier years, calendar year figures for general Government expenditure, in cash and real terms, and as a percentage of GDP, were published in the article “Long term trends in public expenditure” in the October 1987 edition of Economic Trends.

  • Mr Major’s Written Parliamentary Answer on Economic Growth – 23 January 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Economic Growth on 23rd January 1989.

    Mr. Riddick To ask the Chancellor of the Exchequer if he will make a statement about the current level of economic growth.

    Mr. Major Gross domestic product is likely to have grown by around 4.5 per cent. in 1988. This would he the fourth consecutive year of growth in excess of three per cent., a performance unmatched since the war.

  • Mr Major’s Written Parliamentary Answer on Government Expenditure – 23 January 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Government Expenditure on 23rd January 1989.

    Mr. David Evans To ask the Chancellor of the Exchequer if he will make a statement on the outlook for general Government expenditure as a percentage of gross domestic profit.

    Mr. Major My right hon. Friend the Chancellor of the Exchequer’s autumn statement to the House on 1 November 1988 set out the Government’s plans for public spending. It noted that general Government expenditure (excluding privatisation proceeds) in 1988–89 is expected to be below 40 per cent. of GDP for the first time in over 20 years; and that over the next three years it is expected to fall further.

  • Mr Major’s Written Parliamentary Answer on Tax Yield – 23 January 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Tax Yield on 23rd January 1989.

    Mr. Rooker To ask the Chancellor of the Exchequer what is the expected yield of total taxes in 1988–89; and what were the comparable figures for 1978–79, using 1988–89 prices.

    Mr. Major Total taxes on income, expenditure and capital in 1988–89 are expected to yield £143.8 billion, as published in the autumn statement. The comparable figure for 1978–79 is £105.4 billion at 1988–89 prices.

  • Mr Major’s Written Parliamentary Answer on Labour Costs (Manufacturing) – 23 January 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Labour Costs (Manufacturing) on 23rd January 1989.

    Mr. Janman To ask the Chancellor of the Exchequer what is his latest information on the growth of unit labour costs in manufacturing industry.

    Mr. Major In the three months to November 1988, manufacturing unit wage costs increased by 0.5 per cent. on the same period a year earlier.

  • Mr Major’s Written Parliamentary Answer on Foreign Investment – 23 January 1989

    Below is the text of Mr Major’s written Parliamentary Answer on Foreign Investment on 23rd January 1989.

    Mr. Win Griffiths To ask the Chancellor of the Exchequer if he will make a statement on current foreign investment and capital flows into the United Kingdom.

    Mr. Major Inflows of direct and portfolio investment into the United Kingdom are estimated to have been £6.8 billion in the first three quarters of 1988. Net capital inflows into the United Kingdom are estimated at £2.2 billion.