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Mr. Mullin
To ask the Secretary of State for Trade and Industry what has been the level of manufacturing investment in the north-east for each year since 1979 giving 1979 as 100.
Mr. Norman Lamont
I have been asked to reply.The information is not available for investment expressed at constant prices because there are no regional price indices. The table provides the required indices for data at current prices:
Manufacturing investment in the north-east1 at current prices and expressed as a percentage of the 1979 level | |
Year | Percentage |
1979 | 100 |
1980 | 76 |
1981 | 53 |
1982 | 55 |
1983 | 58 |
1984 | 69 |
1985 | 91 |
1986 | 82 |
1987 | 90 |
1988 | 131 |
1 The north-east is not a standard region of the United Kingdom but can be defined as the north less Cumbria. It comprises Cleveland, Durham, Northumberland and Tyne and Wear.