§ Mr. Wingfield Digbyasked the Chancellor of the Exchequer whether he is aware that overseas-owned enterprises in the United Kingdom remitted some 57 per cent. of their earnings abroad in 1964 compared with 42 per cent. in 1963, whereas British enterprises abroad only remitted 47 per cent. in the United Kingdom; and what steps he intends to take to discourage this trend.
§ Mr. CallaghanI am aware of these figures. They reinforce the request already made by my right hon. Friend the First Secretary of State to United Kingdom companies with subsidiaries or branches abroad to remit more of their earnings.