§ Mr. Shinwellasked the Chancellor of the Exchequer (1) what is the total amount of British capital investment in the United States directly and through British subsidiary firms associated with American industry;
(2) what is the total amount of American capital investment in the United Kingdom directly and through American subsidiary firms associated with British industry;
(3) what is the total amount of British capital invested in the six countries of the European Economic Community directly and through the presence of British subsidiary firms associated with firms in the six countries;
(4) what is the total amount of capital investment by the six countries of the European Economic Community in the United Kingdom directly and by subsidiary firms controlled by firms in the six countries.
232W
§ Mr. CallaghanFollowing is the information:—
£ million Value* at end 1964 Direct investment by U.K. manufacturing industries in U.S 410 Direct investment by U.K. manufacturing industries in E.E.C. countries 325 Direct investment by U.S. manufacturing industries in the U.K. 1,300 Direct investment by E.E.C. countries manufacturing industries in the U.K. 120 * Estimated book value of U.K. direct investments abroad (excluding oil, insurance and banking) and corresponding overseas-owned direct investments in the United Kingdom.