HC Deb 22 February 1967 vol 741 cc297-8W
Mr. Ness Edwards

asked the President of the Board of Trade how many applications have been made in each development area for grants for social clubs; and how many, and to what total amount, have been granted in each such area.

Mr. Jay

Separate figures in respect of assistance to social clubs under the Local Employment Acts are not readily avail- seas investments are small and who in aggregate contribute very little to the total figures. The timing of the detailed figures must however continue to depend on how soon firms are able to complete their returns, which may relate to an accounting year other than the calendar year, and which may have to await the receipt of completed accounts from overseas.

A provisional estimate of total direct investment in 1966 will be published in the March issue of Economic Trends, and detailed figures for 1965, which show manufacturing industry separately, in the Board of Trade Journal in about three months' time.

Mr. J. H. Osborn

asked the President of the Board of Trade what is the book value of net assets representing investment by manufacturing industry overseas as at 31st December, 1966, and 31st December, 1965, or on the last two year ends at which the information is known; what is the equivalent return by way of interest, dividend and royalty; and what proportion of this is taken in United Kingdom taxation.

Mr. Jay

The information available is as follows:

able, and to compile them would entail a disproportionate amount of time and expenditure.