§ Mr. Robensasked the Paymaster-General the total amount of American capital investment in oil refineries erected in Great Britain since January, 1946.
§ Sir I. HorobinI assume that the right hon. Member is referring to gross capital138W expenditure on oil refineries erected in this country by subsidiaries of American companies. The figure is about £95 million. As the right hon. Member knows, these companies' capital expenditure is financed very largely by American funds.