§ Mr. Sedgemoreasked the Secretary of State for Trade (1) if he will give the figures, or latest avaliable estimates, for outward investment from Great Britain for the years 1972 and 1973; and if he can divide this up both country by country and industry by industry;
(2) if he can give the figures, or latest available estimates, for inward investment for 1972 and 1973 and state from which countries the investment comes and to which industries it goes.
§ Mr. DeakinsThe latest estimates of United Kingdom direct investment overseas and of overseas direct investment in the United Kingdom in 1972 and 1973 are as follows:
1972 (£ million) 1973 (provisional) United Kingdom direct investment overseas* 731 1,345 Overseas direct investment in the United Kingdom† 363 572 * Excluding oil. †Excluding oil and insurance. Detailed breakdowns by country and industry of the figures for 1972 were given in the Business Monitor, M4, Overseas Transactions, published in July 1974, a copy of which is in the Library. Similar breakdowns for 1973 will be published in next year's Business Monitor.