HC Deb 16 February 1973 vol 850 cc454-5W
Mr. Denzil Davies

asked the Chancellor of the Exchequer what was the total amount invested by British residents by way of direct investment in the countries of the eight other members of the EEC during the final two quarters of the years 1970, 1971 and 1972.

Mr. Nott

Following is the information:

Direct Investment in the eight other EEC member countries by UK residents
(Estimated figures for July-December each year)
£ million
1970 50
1971 45
1972 not available

Mr. Denzil Davies

asked the Chancellor of the Exchequer what was the total amount invested by British residents by way of portfolio investment in the countries of the eight other members of the EEC during the final two quarters of the years 1970, 1971 and 1972, respectively.

Mr. Nott

Following is the information:

Portfolio investment by UK residents in the other eight member countries of the EEC (July-December of each year)
£ million
1970 14
1971 24
1972 130

Most of this investment is financed with borrowed foreign currency or investment currency and has not affected the rate in the official exchange market or the reserves.

Mr. Denzil Davies

asked the Chancellor of the Exchequer what was the total amount of borrowing, for which permission was required, by British residents in the countries of the other eight members of the EEC during the years 1970, 1971 and 1972, respectively.

Mr. Nott

This information is not available.

Mr. Denzil Davies

asked the Chancellor of the Exchequer what was the total amount invested by way of direct investment in the United Kingdom by residents of the other eight member countries of the EEC during the final two quarters of 1970, 1971 and 1972, respectively.

Mr. Nott

Following is the information:

Direct investment in UK by residents of the other eight member countries of EEC
(Estimated figures for July-December each year)
£ million
1970 6
1971 18
1972 not available