§ Mr. J. H. Osbornasked the President of the Board of Trade what has been the change in direct investment by British companies outside this country, and overseas companies in the United Kingdom over the past five years, and how much in both instances has been financed by retained profits.
§ Mr. Mason:Outward investment rose from about £300 million to £500 million between 1965 and 1969, and inward investment from nearly £200 million to over £250 million. Over the period nearly two-thirds of outward investment has been financed from retained profits and nearly 60 per cent, of inward investment. Further information is given in the Board of Trade Journal of 8th April, 1970, in an article entitled " Overseas direct investment in 1968 ".