3 Mar 2006 : Column 973W—continued
Nominal Business Investment
Mr. Holloway:
To ask the Chancellor of the Exchequer what the level of nominal business investment was in each (a) year and (b) quarter since 1997. [54960]
John Healey:
The information requested falls within the responsibility of the National Statistician who has been asked to reply.
Letter from Karen Dunnell, dated 3 March 2006:
As National Statistician, I have been asked to reply to your recent Parliamentary Question on the level of nominal business investment since 1997. (54960)
The information is shown in the attached tables. More information about business investment is available in the First Release, available on the National Statistics website at:
UK nominal business investment: 1997–2005Annual data
| Total business investment
(£ billion)
|
|---|
| 1997 | 92,874
|
| 1998 | 107,688
|
| 1999 | 110,172
|
| 2000 | 112,902
|
| 2001 | 111,902
|
| 2002 | 110,166
|
| 2003 | 106,813
|
| 2004 | 110,657
|
| 2005(8) | 112,030
|
(8) provisional estimate.
Note:
At current prices.
UK nominal business investment: 1997Q1–2005Q4 Quarterly data
| Total business investment
(£ billion)
|
|---|
| 1997 |
|
| Q1 | 22,269
|
| Q2 | 22,874
|
| Q3 | 23,093
|
| Q4 | 24,638
|
|
|
| 1998 |
|
| Q1 | 26,216
|
| Q2 | 26,574
|
| Q3 | 27,408
|
| Q4 | 27,490
|
| 1999 |
|
| Q1 | 27,206
|
| Q2 | 27,112
|
| Q3 | 28,110
|
| Q4 | 27,744
|
|
|
| 2000 |
|
| Ql | 27,318
|
| Q2 | 27,456
|
| Q3 | 28,517
|
| Q4 | 29,611
|
|
|
| 2001 |
|
| Ql | 28,595
|
| Q2 | 28,412
|
| Q3 | 28,083
|
| Q4 | 26,812
|
|
|
| 2002 |
|
| Ql | 27,240
|
| Q2 | 27,408
|
| Q3 | 27,268
|
| Q4 | 28,250
|
|
|
| 2003 |
|
| Ql | 26,395
|
| Q2 | 26,991
|
| Q3 | 26,219
|
| Q4 | 27,208
|
|
|
| 2004 |
|
| Ql | 27,241
|
| Q2 | 27,450
|
| Q3 | 27,996
|
| Q4 | 27,970
|
|
|
| 2005 |
|
| Ql | 27,828
|
| Q2 | 28,069
|
| Q3 | 28,272
|
| Q4(9) | 27,861
|
(9) provisional estimate.
Note:
At current prices, seasonally adjusted.
3 Mar 2006 : Column 974W
Northern Ireland (Public Expenditure)
Chris Ruane:
To ask the Chancellor of the Exchequer what the level of public expenditure in Northern Ireland was in each of the past 30 years at today's prices; and how much was raised through taxation in Northern Ireland in each year. [55565]
Mr. Des Browne:
Table 8.1 of the Treasury publication Public Expenditure Statistical Analyses 2005 (Cm 6521) details total identifiable expenditure by country and region for the years 1999–2000 to 2004–05. Information relating to earlier years can be obtained from previous editions of PESA.
The Treasury does not produce estimates of the total amount of taxes raised by region or country.
Office for National Statistics
Mr. Holloway:
To ask the Chancellor of the Exchequer when he last discussed with the Office for National Statistics the operation of its website; and if he will make a statement. [54955]
3 Mar 2006 : Column 975W
John Healey:
I discuss a wide range of issues with the National Statistician and her staff. As was the case with previous Administrations, it is not the Government's practice to provide details of all such meetings between Ministers and their officials.
Oil Prices
Mr. Holloway:
To ask the Chancellor of the Exchequer which measures he uses for oil prices in making forecasts for the UK economy; and what the average price of oil has been according to that measure in each (a) month, (b) quarter and (c) year since 1997. [54957]
John Healey:
The measure of the oil price used in Treasury forecasts is the Brent crude price. Brent crude dollar prices since 1997 are given in the following table.
Brent crude prices
| US$, per barrel
|
|---|
| Monthly averages |
|
| 31 January 1997 | 23.53
|
| 28 February 1997 | 20.94
|
| 31 March 1997 | 19.10
|
| 30 April 1997 | 17.52
|
| 30 May1997 | 19.03
|
| 30 June 1997 | 17.64
|
| 31 July 1997 | 18.43
|
| 29 August 1997 | 18.57
|
| 30 September 1997 | 18.30
|
| 31 October 1997 | 19.89
|
| 28 November 1997 | 19.17
|
| 31 December 1997 | 17.18
|
| 30 January 1998 | 15.22
|
| 27 February 1998 | 14.05
|
| 31 March1998 | 13.31
|
| 30 April 1998 | 13.45
|
| 29 May 1998 | 14.33
|
| 30 June 1998 | 12.27
|
| 31 July 1998 | 12.02
|
| 31 August 1998 | 11.94
|
| 30 September 1998 | 13.32
|
| 30 October1998 | 12.77
|
| 30 November 1998 | 11.12
|
| 31 December 1998 | 9.82
|
| 29 January 1999 | 11.13
|
| 26 February 1999 | 10.25
|
| 31 March 1999 | 12.52
|
| 30 April 1999 | 15.32
|
| 31 May 1999 | 15.24
|
| 30 June 1999 | 15.86
|
| 30 July 1999 | 19.08
|
| 31 August 1999 | 20.34
|
| 30 September 1999 | 22.45
|
| 29 October 1999 | 22.00
|
| 30 November 1999 | 24.68
|
| 31 December 1999 | 25.51
|
| 31 January 2000 | 25.40
|
| 29 February 2000 | 27.85
|
| 31 March 2000 | 27.32
|
| 28 April 2000 | 22.69
|
| 31 May 2000 | 27.72
|
| 30 June 2000 | 29.77
|
| 31 July 2000 | 28.72
|
| 31 August 2000 | 30.24
|
| 29 September 2000 | 32.87
|
| 31 October 2000 | 30.94
|
| 30 November 2000 | 32.58
|
| 29 December 2000 | 25.09
|
| 31 January 2001 | 25.61
|
| 28 February 2001 | 27.54
|
| 30 March 2001 | 24.33
|
| 30 April 2001 | 25.64
|
| 31 May 2001 | 28.49
|
| 29 June 2001 | 27.85
|
| 31 July 2001 | 24.54
|
| 31 August 2001 | 25.72
|
| 28 September 2001 | 25.68
|
| 31 October 2001 | 20.39
|
| 30 November 2001 | 18.97
|
| 31 December 2001 | 18.65
|
| 31 January 2002 | 19.41
|
| 28 February 2002 | 20.28
|
| 29 March 2002 | 23.70
|
| 30 April 2002 | 25.73
|
| 31 May 2002 | 25.37
|
| 28 June 2002 | 24.06
|
| 31 July 2002 | 25.81
|
| 30 August 2002 | 26.76
|
| 30 September 2002 | 28.40
|
| 31 October 2002 | 27.61
|
| 29 November 2002 | 24.26
|
| 31 December 2002 | 28.47
|
| 31 January 2003 | 31.30
|
| 28 February 2003 | 32.81
|
| 31 March 2003 | 30.28
|
| 30 April 2003 | 24.92
|
| 30 May 2003 | 25.80
|
| 30 June 2003 | 27.61
|
| 31 July 2003 | 28.52
|
| 29 August 2003 | 29.84
|
| 30 September 2003 | 26.93
|
| 31 October 2003 | 29.56
|
| 28 November 2003 | 28.87
|
| 31 December 2003 | 29.98
|
| 30 January 2004 | 31.34
|
| 27 February 2004 | 30.86
|
| 31 March 2004 | 33.80
|
| 30 April 2004 | 33.51
|
| 31 May 2004 | 37.59
|
| 30 June 2004 | 35.24
|
| 30 July 2004 | 38.45
|
| 31 August 2004 | 42.69
|
| 30 September 2004 | 43.42
|
| 29 October 2004 | 49.83
|
| 30 November 2004 | 43.22
|
| 31 December 2004 | 39.60
|
| 31 January 2005 | 44.30
|
| 28 February 2005 | 45.52
|
| 31 March 2005 | 53.00
|
| 29 April 2005 | 51.79
|
| 31 May 2005 | 48.74
|
| 30 June 2005 | 54.39
|
| 29 July 2005 | 57.68
|
| 31 August 2005 | 64.19
|
| 30 September 2005 | 62.96
|
| 31 October 2005 | 58.78
|
| 30 November 2005 | 55.42
|
| 30 December 2005 | 57.10
|
| 31 January 2006 | 63.20
|
|
|
| Quarterly averages |
|
| 31 March 1997 | 21.19
|
| 30 June 1997 | 18.06
|
| 30 September 1997 | 18.43
|
| 31 December 1997 | 18.75
|
| 31 March 1998 | 14.19
|
| 30 June 1998 | 13.35
|
| 30 September 1998 | 12.43
|
| 31 December 1998 | 11.24
|
| 31 March 1999 | 11.30
|
| 30 June 1999 | 15.48
|
| 30 September 1999 | 20.62
|
| 31 December 1999 | 24.06
|
| 31 March 2000 | 26.85
|
| 30 June 2000 | 26.73
|
| 29 September 2000 | 30.61
|
| 29 December 2000 | 29.54
|
| 30 March 2001 | 25.83
|
| 29 June 2001 | 27.33
|
| 28 September 2001 | 25.32
|
| 31 December 2001 | 19.34
|
| 29 March 2002 | 21.13
|
| 28 June 2002 | 25.05
|
| 30 September 2002 | 26.99
|
| 31 December 2002 | 26.78
|
| 31 March 2003 | 31.46
|
| 30 June 2003 | 26.11
|
| 30 September 2003 | 28.43
|
| 31 December 2003 | 29.47
|
| 31 March 2004 | 32.00
|
| 30 June 2004 | 35.45
|
| 30 September 2004 | 41.52
|
| 31 December 2004 | 44.22
|
| 31 March 2005 | 47.61
|
| 30 June 2005 | 51.64
|
| 30 September 2005 | 61.61
|
| 30 December 2005 | 57.10
|
|
|
| Annual averages |
|
| 31 December 1997 | 19.11
|
| 31 December 1998 | 12.80
|
| 31 December 1999 | 17.87
|
| 29 December 2000 | 28.43
|
| 31 December 2001 | 24.45
|
| 31 December 2002 | 24.99
|
| 31 December 2003 | 28.87
|
| 31 December 2004 | 38.30
|
| 30 December 2005 | 54.49
|
3 Mar 2006 : Column 977W
