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Mr. Ernie Ross
asked the Secretary of State for Scotland what has been the total amount of fixed capital formation in (a) the public sector, and (b) the private sector in Scotland in each of the past four years.
FIXED CAPITAL FORMATION IN SCOTLAND | ||||||||
Total | General Government | Nationalised industries and other public corporations | ||||||
(£m) | (£m) | (£m) | ||||||
1974 | … | … | 1,402 | 528 | 1974/5 | … | … | 321·6 |
1975 | … | … | 1,863 | 610 | 1975/6 | … | … | 503·2 |
1976 | … | … | 2,139 | 626 | 1976/7 | … | … | 442·3 |
1977 | … | … | 2,301 | 616 | 1977/8 | … | … | 429·7 |
Notes: | ||||||||
(1) the estimates are not fully comprehensive and in particular exclude fixed investment by construction, distribution, shipping and private service industries. | ||||||||
(2) The source for figures for total investment and general government was the November 1979 issue of Economic Trends, and for the nationalized industries was the Scottish Abstract of Statistics for 1978. |