§ 50. Mr. Parkinsonasked the Chancellor of the Exchequer what was the contribution made by net invisible earnings to the balance of payments in 1971; and what proportion of these earnings represented dividends received on overseas investments held by British individuals or companies.
§ Mr. Maurice MacmillanThe net invisible surplus in 1971 was £655 million. Total interest, profits and dividends278W earned by private sector enterprises and individuals on external assets formed 25 per cent. of gross invisible credits; net private sector earnings amounted to £719 million. Full details are contained in the tables published today by the Central Statistical Office.