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Usa Securities (Uk Holdings)

Volume 498: debated on Wednesday 2 April 1952

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asked the Financial Secretary to the Treasury the present total of British investments in the United States of America.

I am not yet in a position to give this information beyond the end of 1950, when the nominal capital value of United Kingdom holdings of quoted U.S. domestic securities (including those pledged with the Reconstruction Finance Corporation) was, it is now estimated, £124 million. This figure continues a series of estimates for the years 1938 to 1949 published by the Bank of England.