Mr Major’s Written Parliamentary Answer on Manufacturing Investment – 26 May 1989

Below is the text of the Written Parliamentary Answer on Manufacturing Investment from 26 May 1989.


Mr. Jack To ask the Chancellor of the Exchequer what is the latest official projection for the growth of manufacturing investment in 1989.

Mr. Major The latest DTI investment intentions survey published in December projected manufacturing investment in constant prices to rise by 11 per cent. in 1989 on a year earlier. The latest CBI quarterly trends survey published in April confirms this buoyant outlook.