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Volume 173: debated on Wednesday 6 June 1990

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To ask the Chancellor of the Exchequer if he will make a statement on current levels of investment.

Total investment in 1989 was at record levels. Since 1979 total investment has increased by over 40 per cent. or an average of 3½ per cent. a year. This compares to the last Labour Government's record where investment grew by an average of only ¼ per cent. a year.