Below is the text of Mr Major’s written Parliamentary Answer on Productivity on 18th January 1988.
Mr. Butler To ask the Chancellor of the Exchequer by how much productivity has increased in the United Kingdom since 1979.
Mr. Major In the third quarter of 1987, output per head in the whole economy was 19 per cent. higher than in 1979. In the three months to October 1987 manufacturing output per head was 41 per cent. higher than in 1979.