Fixed Investment

Part of Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 16 Mai 1991.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr David Mellor Mr David Mellor , Putney 12:00, 16 Mai 1991

It is astonishing that Labour Members think that they are on to a good point about investment when the only way they can jeer at the Government's achievements is to compare this 12 months with the record levels established under the Government in the late 1980s. On the question of business investment, any comparison with Labour years will make only too clear how much of an advance there has been since then. In the 1970s, business investment in this country was stagnant. That is the key point which everyone should bear in mind.