HC Deb 17 June 1982 vol 25 cc342-3W
12. Mr. Park

asked the Chancellor of the Exchequer which countries have been the major recipients of overseas investment since the abolition of exchange controls.

Mr. Bruce-Gardyne

A geographical analysis of total United Kingdom private investment overseas is not available. However, an allocation of direct investment overseas by United Kingdom companies other than oil companies in the period 1976–1980 was published inBritish Business on 14 May. This analysis shows that about 50 per cent. of net direct investment overseas in 1980 was in the United States, 18 per cent. in the developing countries and 14 per cent. in the European Community.