HC Deb 02 July 1975 vol 894 c453W
Mr. Moate

asked the Chancellor of the Exchequer (1) if he will take steps to improve the quality of statistical analysis of British overseas invisible earnings to ensure the speedy production of figures on an area-by-area basis, to separate private and public sector earnings and/or deficits and to indicate the separate earnings of different commercial activities;

(2) if he will publish details of approximate overseas invisible earnings for 1974 or for the latest period for which figures are available, showing the following information: (a) the gross and net private sector overseas earnings, (b) the net earnings for the principal groups of commercial activities, and (c) the gross and net earnings on an area basis, particularly the Common Market, the Commonwealth North America and the rest of the world.

Mr. Dell

For a number of reasons it is not usually possible to analyse invisible transactions by area. But attempts are

Current prices 1970 prices 1970 prices seasonally adjusted
1970 first quarter 877 915 882
1975 first quarter 1,730 1,037 1,002

Total fixed capital formation in plant and machinery in the year 1970 was £3,605 million.