HC Deb 16 November 1967 vol 754 cc194-5W
Mr. Boyd-Carpenter

asked the Chancellor of the Exchequer how much capital has been invested by United Kingdom residents, including companies, in Australia since the present restrictions on investment in that country were imposed; and how much has been invested over the same period in sterling area countries to which the voluntary system of restriction does not apply.

Mr. Harold Lever

My present information is that direct investment (excluding oil) in Australia may have fallen by up to one-third from its level of some £50 million in the year before the Voluntary Programme; direct investment in developing countries of the sterling area has continued at about its previous level of some £60 million a year.