HC Deb 01 February 1967 vol 740 cc122-3W
Mr. Onslow

asked the Chancellor of the Exchequer what he estimates was the average rate of return from British private investment in developing countries in 1965–66; and what return he anticipates in 1966–67 and 1967–68, respectively.

Mr. Callaghan

The available figures relate to United Kingdom private direct investment (other than oil) in developing countries. They are(i) Book value of net assets at end-1963: £1,339 million. (ii) Earnings (including re-invested earnings) on United Kingdom investment in 1964: £137 million. (ii) is about 10 per cent. of (i).

I regret that information for later years is not available.