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Hire-Purchase Finance Companies (Overseas Earnings)

Volume 640: debated on Monday 8 May 1961

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asked the Chancellor of the Exchequer what were the overseas earnings of United Kingdom hire-purchase companies in the last convenient period.

I have been asked to reply. Identified earnings from direct overseas investments in branches, subsidiaries and associates of hire-purchase finance companies amounted to about three quarters of a million pounds in 1959.