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Manufacturing Industry

Volume 113: debated on Wednesday 25 March 1987

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23.

asked the Secretary of State for Trade and Industry what representations he has received about the fall in the real value of manufacturing investment in the east midlands since 1979.

Manufacturing investment is one of many subjects on which I receive representations. I refer the hon. Member to the reply I gave him on 25 February at column 281.

26.

asked the Secretary of State for Trade and Industry what representations he has received about the fall in the real value of manufacturing investment in the west midlands since 1979.

Manufacturing investment is one of many subjects on which I receive representations. I refer the hon. Member to the reply I gave the hon. Member for Stoke-on-Trent, Central (Mr. Fisher) on 25 February at column 281.

27.

asked the Secretary of State for Trade and Industry if he will make a statement on the latest figures for investment in manufacturing industry.

Investment in manufacturing industry was nearly 20 per cent. higher in 1986 than in 1983; even though it was some 5 per cent. down on 1985. The underlying determinants of manufacturing investment—sustained growth in the economy, improved profitability and a low rate of inflation—are very favourable and forecasters expect a significant increase in manufacturing investment in 1987.

35.

asked the Secretary of State for Trade and Industry when he next intends to meet the Trades Union Congresss to discuss investment in manufacturing industry.

My right hon. Friend and I meet the TUC regularly at the National Economic Development Council, where matters relevant to improving industrial performance are discussed. I have no plans for a separate meeting on this subject.