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Industrial Investment

Volume 972: debated on Thursday 25 October 1979

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Q14.

asked the Prime Minister what is her estimate of the impact on industrial investment of the level of interest rates and the minimum lending rate since 4 May.

The latest official survey on investment intention, taken in August/September, suggested that the volume of capital expenditure by industry is likely to rise to a new record level this year with the possibility of a further increase in 1980.