The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Nellist
asked the Secretary of State for Trade and Industry what was the annual rate of capital investment in (i) manufacturing and (ii) distribution and services for each year since 1970 at constant 1975 prices.
Mr. Butcher
Available information is given in the following table:
| Industry's Capital Expenditure | ||
| £ million at 1980 prices* | ||
| Manufacturing Industry† | Distribution and Services Industries‡ | |
| 1970 | 7,990 | 10,399 |
| 1971 | 7,292 | 11,012 |
| 1972 | 6,345 | 11,336 |
| 1973 | 6,786 | 12,548 |
| 1974 | 7,431 | 12,045 |
| 1975 | 7,135 | 10,170 |
| 1976 | 6,838 | 10,208 |
| 1977 | 7,253 | 10,993 |
| 1978 | 7,904 | 11,744 |
| 1979 | 8,230 | 12,991 |
| 1980 | 7,314 | 12,964 |
| 1981 | 5,698 | 12,238 |
| 1982 | 5,516 | 12,998 |
| 1983 | 5,557 | 13,395 |
| 1984 | 6,373 | 15,359 |
| * As constant price series are currently expressed in terms of 1980 prices, information at 1975 prices is not readily available for recent years. | ||
| †Divisions 2–4 of the Standard Industrial Classification (Revised 1980), including assets leased to manufacturers. | ||
| ‡ Divisions 6–9 of the Standard Industrial Classification (Revised 1980), excluding assets leased from the financial industries. | ||