Former MP for Stretford
Mr Ernest Davies is a former MP for Stretford.
Former MP for Stretford
Entered the House of Commons on 31 March 1966 — General election
Left the House of Commons on 29 April 1970 — General election
A census of metal working machine tools, published by " Metal Working Production " in 1966, showed that 38 per cent. of all machine tools in this country were less than 10 years old. There is no comparable information for West Germany and Japan.
I am sure that the report of my right hon. Friend the Chancellor of the Exchequer to the House on Budget day is sufficient answer to the hon. Gentleman's question about our general economic strength. It is generally understood that the term machine tools applies to metal working. If the hon. Gentleman wishes to have information on all manufacturing machinery, I refer him to the Answer given...
The average annual increase in investment in machine tools in the United Kingdom between 1964 and 1969 was at the rate of 4½ per cent., which in money terms is £5½ million per annum at current prices.
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