HC Deb 29 November 1962 vol 668 c81W
Mr. D. Jones

asked the President of the Board of Trade how much capital has been invested in the United Kingdom by industrialists from within the countries comprising the European Economic Community during each of the last three years, up to the latest convenient date.

Mr. Green

Figures of direct investment (other than in oil and insurance) in the United Kingdom by countries in the European Economic Community during the years 1959 to 1961 are given below. Information is not yet available for 1962.

£million
1959 1960 1961
Belgium and Luxembourg 0.7 0.9 0.8
Netherlands 5.2 2.0 1.3
Italy 0.9 0.5 -0.2
France 1.0* -1.1* 12.0*
West Germany 0.9 1.2 0.8
8.8 3.5 14.7
* If certain exceptional transactions affecting each of these years are excluded, the average annual investment by French industrialists was about £4m.