§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer if he will list United Kingdom earnings from (i) overseas investment and (ii) investments by United Kingdom manufacturers overseas for each quarter since 1989. [17123]
§ Mr. NelsonThe information available is given in the table. Figures are available only on an annual basis. The information is classified according to the activity in which the investment is made rather than the activity of the investor.
Direct investment by UK companies overseas: net earnings1 (£m) Manufacturing industry2 Total all industries 1989 7,477 16,608 1990 7,130 15,526 1991 6,532 12,688 1992 6,368 13,285 1993 6,983 16,367 Notes: 1 Earnings from branches, subsidiaries and associate companies. Earnings are defined as profits net of losses, plus interest receipts net of claims. 2 Classified by main industrial activity of overseas affiliate. Source:
Central Statistical Office.