The Rt. Hon. Sir John Major KG CH

Prime Minister of Great Britain and Northern Ireland 1990-1997

Chief Secretary (1987-1989)

Mr Major’s Written Parliamentary Answer on Business Investment – 27 October 1988

Below is the text of Mr Major’s written Parliamentary Answer on Business Investment on 27th October 1988.


Mr. Hayward To ask the Chancellor of the Exchequer what is his estimate for the growth of business investment in 1988.

Mr. Robert B. Jones To ask the Chancellor of the Exchequer what is his latest estimate for growth of business investment in 1988.

Mr. Major As the Chancellor of the Exchequer stated in his budget forecast, total business investment is expected to grow by 9 per cent. in 1988.