HC Deb 27 February 1968 vol 759 cc297-8W
71. Mr. John Lee

asked the Chancellor of the Exchequer what steps are being taken to prevent the entry in this country of hot money attracted by the high interest rates prevailing; and if he will make a statement.

Mr. Roy Jenkins

While it is not my intention to attract an inflow of hot money, I do not want to see the reserves suffer from an outflow of funds. For the

The following figures relate to total private investment by the United Kingdom, net of disinvestment.

sented of the total invisible exports for each of the years concerned.

Mr. Harold Lever

As the answer contains a number of figures I will, with permission, circulate them in the OFFICIAL REPORT.

Following is the information:

time being, while overseas rates remain at present levels, rates here have to be kept rather high.