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Mr. J. H. Osborn
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.
Mr. Darling
I have been asked to reply.The information available, which relates to all industrial investment other than oil, is given in the following table:
| PRIVATE DIRECT INDUSTRIAL INVESTMENT (EXCLUDING OIL) | |||
| £ million | |||
| 1963 | 1964 | 1965* | |
| Investment from overseas in United Kingdom industry | |||
| World total | 160 | 162 | 161 |
| United States | 104 | 116 | ·· |
| Western Europe† | 33 | 30 | ·· |
| Investment by United Kingdom industry overseas | |||
| World total | 250 | 262 | 272 |
| United States | 26 | 43 | ·· |
| Western Europe† | 59 | 46 | ·· |
| Commonwealth countries | 100 | 118 | ·· |
| Developing countries‡ | 51 | 52 | ·· |
| * Provisional. | |||
| † Excluding Irish Republic. | |||
| ‡ Countries so classified by the United Nations, which include some countries in the Commonwealth. | |||
| ··Not available. | |||