HC Deb 13 November 1968 vol 773 cc109-10W
Mr. Dickens

asked the Chancellor of the Exchequer, if he will state the gross outflow of private capital from the United Kingdom devoted to portfolio investment in developing countries in the sterling area in 1964, 1965, 1966, 1967 and the first half of 1968.

Mr. Harold Lever

The available figures, which are not fully comprehensive relate to investment, net of disinvestment, in the securities of these countries. Estimates suggest that in the period 1964 to 1966 there may have been net United Kingdom disinvestment of the order of £10 million a year, and thereafter no further net disinvestment.