Overseas Investment

HC Deb 26 July 1990 vol 177 cc550-1W

Mr. Alan W. Williams

To ask the Chancellor of the Exchequer what was the total amount of investment overseas by British companies in each financial year from 1978–79 to the present.

Mr. Norman Lamont

[holding answer 25 July 1990]: Figures on overseas direct investment by United Kingdom companies over the period 1978–79 to 1989–90 are as follows:

United Kingdom direct investment overseas (including miscellaneous)
	£ million
1978–79	4,236
1979–80	6,123
1980–81	4,821
1981–82	5,631
1982–83	4,888
1983–84	5,132
1984–85	7,713
1985–86	5,931
1986–87	13,559
1987–88	21,196
1988–89	22,973
1989–90	17,142

Source: Economic Trends.