§ Mr. Sedgemore
asked 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. Deakins
The 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.