HC Deb 27 March 1968 vol 761 c278W
Mr. Dickens

asked the President of the Board of Trade how much of the £244 million of private overseas direct investment made by the United Kingdom in 1967 was raised by the reinvestment of unremitted profits and by the new outflow of funds from the United Kingdom.

Mr. Crosland

About 70 per cent. is provisionally estimated to have consisted of unremitted profits; the remaining 30 per cent. was financed in other ways and it is likely that only a small proportion involved an outflow of new funds from the United Kingdom.

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