§ The powers to control investment in the non-sterling area apply equally to investment made out of profits earned over- 227 seas by British companies and their subsidiaries. I am not satisfied that in all cases an adequate proportion of profits earned overseas is being repatriated to this country. I propose to request United Kingdom firms operating overseas to look at their policies in order to ensure that a higher proportion of earnings is remitted home. So far as non-sterling investment is concerned, I propose to reinstitute on a selective basis the examination of company accounts by the exchange control authorities to ensure that this policy is followed.