§ Mr. Leeasked the Chancellor of the Exchequer what is the estimated net outflow of capital from the United Kingdom, to the latest possible date, since the ending of sterling convertibility in 1958.
§ Dr. GilbertI assume that the hon. Member's Question relates to the ending of sterling convertibility restrictions in December 1958. From the beginning of 1959 to end-1973, the total of identified investment and other capital flows was a net inflow to the United Kingdom of £44 million.