§ Sir Ian Orr-Ewingasked the Chancellor Exchequer of he will publish a table showing what receipts the United Kingdom obtains from investments in various territories east of Suez; and what is the capital value, preferably at current prices, of these investments.
§ Mr. CallaghanThe figures are as follows:
U.K. PRIVATE INVESTMENT AND INCOME EAST OF SUEZ* Value of assets end-1964 £ million Income year 1964 Direct investment† (excluding oil) 1,400 120 Portfolio investment‡ 700 40 * Including Australasia. †Assets based on 1962 book value; income including undistributed profits. Figures for principal countries were published in the Board of Trade Journal for 7th August, 1964 (assets at end-1962) and for 10th June, 1966 (income in 1964). The analysis by area of overseas oil earnings and assets is not available. ‡Very approximate estimates; assets at market value. Both assets and income concentrated in Australasia.