§ Mr. A. Lewis
asked the Secretary of State for Industry, Trade and Regional Development what information he has of firms in Great Britain having more than 10 per cent. of their equity owned by overseas persons or companies; to what extent since October, 1951, foreigners have obtained a measure of control of British industries; and to what extent British firms are owned or controlled through 10 per cent. or more of their equity being in the hands of Americans, French, Germans, Italians, and Russians, respectively.
§ Mr. D. Price
The only figures available relate to the net assets of non-financial companies in the United Kingdom. It is estimated that, at the end of 1962, 8 to 9 per cent. of these were owned by overseas residents, principally in the United States.