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Industrial Investment

Volume 728: debated on Thursday 12 May 1966

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asked the Chancellor of the Exchequer if he will tabulate in the OFFICIAL REPORT the value of investment by manufacturing industry as distinct from private portfolio investment by overseas companies in Great Britain, by companies from the United States of America in Great Britain, by European companies in Great Britain, by British companies overseas, by British companies in the United States of America, by British companies in the Commonwealth, by British companies in Europe, and by British companies in under-developed countries, respectively, in each of the last three years.

I have been asked to reply.The information available, which relates to all industrial investment other than oil, is given in the following table:

£ million
Investment from overseas in United Kingdom industry
World total160162161
United States104116··
Western Europe†3330··
Investment by United Kingdom industry overseas
World total250262272
United States2643··
Western Europe†5946··
Commonwealth countries100118··
Developing countries‡5152··
* Provisional.
† Excluding Irish Republic.
‡ Countries so classified by the United Nations, which include some countries in the Commonwealth.
··Not available.