HC Deb 08 November 1949 vol 469 cc101-2W
67. Mr. Awbery

asked the Chancellor of the Exchequer what was the total amount of foreign investments and the income from them for the years 1913, 1920, 1938 and 1945.

Sir S. Cripps

The figures are as follows: In 1913, total value about £4,000 million, income £210 million. In 1920, total value £3,200 million to £3,700 million, income £200 million. In 1938 nominal value £3,692 million. These are all private estimates. Gross income from interest, profits and dividends in 1938 is estimated at £205 million and payments at £30 million making a net income of £175 million. No figures are available for the values of investments in 1945, but proceeds of sales during the war amounted to £1,118 million. Gross income in 1945 was £170 million payments £73 million and net income therefore £97 million.