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Mr. Spearing
asked the Chancellor of the Exchequer if he will tabulate in the Official Report the approximate amounts of investment in productive industry in the United Kingdom for each of the years 1970 to 1974, indicating broadly the sources of such capital investment.
Mr. Robert Sheldon
Information on investment in fixed assets by the industries covered by the index of industrial production—the total of mining and quarrying, gas, electricity and water, construction, and manufacturing—is given in the table below.
Gross Domestic Fixed Capital Formation | |
£ million at current prices | |
1970 | 3,207 |
1971 | 3,299 |
1972 | 3,232 |
1973 | 3,887 |
1974 (first three quarters only) | 3,666 |