§ Mr. Lofthouse
To ask the Chancellor of the Duchy of Lancaster what is his estimate of the level of capital investment by United Kingdom companies in Switzerland since 1983.
§ Mr. Kenneth Clarke
The only available information relates to direct investment overseas by United Kingdom companies. In the four years 1983 to 1986, there was a total net reduction of £211 million in cash terms in investment by United Kingdom companies in Switzerland. A breakdown of this figure is contained in table 4 (page 26) of the article "Overseas Direct Investment 1986" inBritish Business, 11 March 1988, a copy of which is in the Library.