Skip to main content

Prime Minister (Speech)

Volume 827: debated on Tuesday 7 December 1971

The text on this page has been created from Hansard archive content, it may contain typographical errors.

Q1.

asked the Prime Minister if he will place a copy of his public speech at the Guildhall on 15th November on economic matters in the Library.

In that speech the right hon. Gentleman called for a big increase in industrial investment. Will he reconcile that demand with the figures in the latest estimates by the National Institute, which show that there is likely to be a further fall in manufacturing investment next year, when it will be 6½ per cent. less than the appalling figures achieved so far this year? What does the Prime Minister propose to do about that?

I should have thought that that emphasises the importance of what I said at the Guildhall. The latest investment intentions survey suggests that manufacturing investment may begin to rise during 1972.