§ Mr. Robens
asked the Paymaster-General the total amount of American capital investment in oil refineries erected in Great Britain since January, 1946.
§ Sir I. Horobin
I assume that the right hon. Member is referring to gross capital138W expenditure on oil refineries erected in this country by subsidiaries of American companies. The figure is about £95 million. As the right hon. Member knows, these companies' capital expenditure is financed very largely by American funds.