§ Mr. Russellasked the Chancellor of the Exchequer what was the United Kingdom's average annual income from investments overseas in the years 1909–13, 1919–38 and 1946–52.
§ Mr. MaudlingFor those of the years concerned for which official estimates are available, the figures of net United Kingdom income from overseas investments are:
Net United Kingdom income means United Kingdom income from overseas 81W investments less overseas income from investments in the United Kingdom. The estimates for 1910–38 differ in method and scope from those for 1946–52, as will be seen from the Board of Trade Journal, where the earlier, and from Cmd. 8201, 8505 and 8666, where the later, estimates were published. A major difference is that income from the overseas operations of the United Kingdom oil companies is excluded for 1946–52.
£ million 1910 … 187 1913 … 210 1920 … 200 1922–38 average … 206 1946-mid 1952 average … 88