Tag: GDP

  • Mr Major’s Written Parliamentary Answer on Gross Domestic Products (Business Investment) – 8 June 1989

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


    Mr. Watts 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.

    Mr. Strang To ask the Chancellor of the Exchequer whether he has made any study of the likely effect of a further increase in interest rates on the level of manufacturing investments in the current year.

    Mr. Major Developments in the economy are constantly monitored. Manufacturing investment is growing strongly and the outlook remains good.

  • Mr Major’s Written Parliamentary Answer on the Gross Domestic Product – 6 April 1989

    Below is the text of Mr Major’s written Parliamentary Answer on the Gross Domestic Product on 6th April 1989.


    Mr. John Browne To ask the Chancellor of the Exchequer what was the increase in the output measure of gross domestic product in the year to the fourth quarter of 1988.

    Sir Michael McNair-Wilson To ask the Chancellor of the Exchequer what was the increase in the output measure of gross domestic product in the year to the fourth quarter of 1988.

    Mr. Major The output measure of gross domestic product is estimated to have increased by 3 per cent. between the fourth quarter of 1987 and the fourth quarter of 1988.

  • Mr Major’s Written Parliamentary Answer on the Gross Domestic Product Deflator – 10 November 1988

    Below is the text of Mr Major’s written Parliamentary Answer on the Gross Domestic Product Deflator on 10th November 1988.


    Dr. Bray To ask the Chancellor of the Exchequer by what percentage the gross domestic product deflator assumed for the financial year 1989-90 in table 1 of his autumn statement on public expenditure plans exceeds the gross domestic product deflator assumed for 1989-90 in his autumn statement in 1987.

    Mr. Major [holding answer 9 November 1988]: In the 1988 autumn statement, the GDP deflator is assumed to rise by 5 per cent. in 1989-90. The corresponding assumption in the 1987 autumn statement was 3.5 per cent.

  • Mr Major’s Written Parliamentary Answer on Overseas Assets – 14 July 1988

    Below is the text of Mr Major’s written Parliamentary Answer on Overseas Assets on 14th July 1988.


    Mr. Arbuthnot To ask the Chancellor of the Exchequer if he will give the latest figures for the stock of United Kingdom net overseas assets both in value and as a percentage of gross domestic product.

    Mr. Cran To ask the Chancellor of the Exchequer if he will give the latest figures for the stock of United Kingdom net overseas assets both in value and as a percentage of gross domestic product.

    Mr. Major I refer my hon. Friend to the reply I gave earlier today to my hon. Friend the Member for Gravesham (Mr. Arnold).