Written question asked by Lord Islwyn (Labour), in the House of Commons. It was due for an answer on Wednesday, 17 July 1996. It was answered by Tim Eggar (Conservative) on Wednesday, 17 July 1996 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: What new initiatives he is taking to encourage British firms to invest in manufacturing industry in the United Kingdom. - Including figures. (Failed OPQ)

Answer: Mr. Roy Hughes: To ask the President of the Board of Trade what initiatives he is taking to encourage British firms to invest in manufacturing industry in the United Kingdom.[36096] Mr. Eggar: We are providing a stable economic environment with low inflation, low corporation tax rates and historically low interest rates. Profits are high and the Treasury's latest forecast is that business investment, which incorporates manufacturing investment, will rise by over 7 per cent. in both 1996 and 1997.

Secondary information