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British Companies (Third World Income)

Volume 83: debated on Monday 22 July 1985

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asked the Secretary of State for Trade and Industry if he will estimate the income to British companies from the Third world over the last two years.

The available information relates to earnings on overseas direct investment by United Kingdom companies and their receipts from overseas Royalties and similar transactions from developing countries,* for 1982 and 1983, the latest two years available, and is as follows:

£ million
19821,225·7
19831,348·7
The information is published in Business Monitor MA4.
* World excluding Western Europe, North America, Australia, New Zealand, Japan, South Africa and Eastern European centrally planned economies.

asked the Secretary of State for Trade and Industry if he will estimate how much in interest payments Britain and British companies received from the Third world from June to December 1984.