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Eec (Capital Movements)

Volume 886: debated on Wednesday 19 February 1975

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asked the Secretary of State for Industry (1) what was the total of British direct and portfolio investment in each of the Common Market States; and whether the trend is increasing or diminishing;(2) if he will indicate the total Community investment in the United Kingdom by State in each of the past five years.

I have been asked to reply.I have nothing to add to the information given in the answer to my hon. friend the Member for Wolverhampton, North-East (Mrs. Short) on 21st January.—[Vol. 844, c.

302–6.] Figures for portfolio, oil and miscellaneous investment are not available. Direct investment other than oil in the eight Common Market States as a whole has fluctuated from year to year, but the recent trend has been upwards, as has that of total overseas direct investment other than oil.