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Mr. Russell
asked the Chancellor of the Exchequer the net income from overseas investments for each of the years 1946 to 1953, inclusive.
Mr. R. A. Butler
U.K. net overseas income may be obtained by comparing items 3 and 10 of Table 1 of Cmd. 9119, as follows: —
| U.K. net income from overseas investments | |||||
| £m. | |||||
| 1946 | … | … | … | … | 62 |
| 1947 | … | … | … | … | 93 |
| 1948 | … | … | … | … | 89 |
| 1949 | … | … | … | … | 94 |
| 1950 | … | … | … | … | 554 |
| 1951 | … | … | … | … | 125 |
| 1952 | … | … | … | … | 77 |
| 1953 | … | … | … | … | 49 |