§ Mr. Meacherasked the Chancellor of the Exchequer what has been, for each year since 1945, respectively, the amount of inward direct investment into Great Britain, the total of dividends remitted to foreign parents plus net repatriations by branches, the amount of direct investment abroad by United Kingdom firms, and the total of dividends remitted to United Kingdom parents plus net repatriations by branches.
§ Mr. Nott"United Kingdom Balance of Payments 1973" showed, for the years 1962–72, the amount of inward direct investment into the United Kingdom and the amount of direct investment abroad by United Kingdom companies in Table 27, and the totals of dividends remitted to United Kingdom and foreign parents by subsidiary and associate companies in Table 20. Comparable information for the years 1958–61 is published in "United Kingdom Balance of Payments 1969", Tables 25 and 19 respectively. Estimates for Great Britain and for years before 1958 are not available.
Figures are not collected of net repatriations of profits by branches to their parent company, but the following approximate estimates have been made
£million Exports* Imports* Visible balance* Level of Official Reserves† 1960 … … … … 803 873 -70 1,154 1961 … … … … 915 908 +7 1,185 1962 … … … … 1,040 932 +108 1,002 1963 … … … … 1,158 1,005 +153 949 1964 … … … … 1,210 1,177 +33 827 1965 … … … … 1,235 1,210 +25 1,073 1966 … … … … 1,323 1,336 -13 1,107 1967 … … … … 1,312 1,519 -207 1,123 1968 … … … … 1,628 1,843 -215 1,009 1969 … … … … 1,909 1,971 -62 1,053 1970 … … … … 2,226 2,133 +93 1,178 1971 … … … … 2,486 2,617 -131 2,526 1972 … … … … 2,668 3,200 -532 2,167 * On a balance of payments basis. † At end year