Hansard

Investment

Volume 868: debated on Thursday 7 February 1974

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40.

Mr. John E. B. Hill

asked the Minister of Agriculture, Fisheries and Food what the latest estimates for investment in agriculture have been for each year since 1970; and what proportion of this has gone into capital improvements such as buildings and fixed equipment.

Mr. Anthony Stodart

Following is the information:

INVESTMENT* IN AGRICULTURE AND HORTICULTURE, UNITED KINGDOM
£ million
Year197019711972
Plant, Machinery and Vehicles133152192
Buildings and Works117133159
Total250285351
* The figures represent gross expenditure before crediting any grants which reduce the cost to the owner or occupier.

Notes:

  • (a) It is estimated that in 1972 investment in buildings represented about 75 per cent. of the figure shown for investment in buildings and works. No estimate is available of the proportion of investment in plant, machinery and vehicles which is represented by fixed equipment.
  • (b) The provisional estimates for 1973 will be published in the 1974 Annual Review White Paper.