HC Deb 23 October 1975 vol 898 cc229-30W
Mr. Woof

asked the Chancellor of the Exchequer (1) what was the total amount of (a) direct and (b) portfolio investment made by residents of the United Kingdom in other countries of the EEC from 1st January 1973 to the latest convenient date;

(2) what was the total amount in £s sterling of (a) direct and (b) portfolio investment made by residents of other members of the EEC in the United Kingdom since 1st January 1973 to the latest convenient date.

Mr. Dell

The available information relating to direct and other—portfolio, oil and miscellaneous—investment in 1973 and 1974 is published in Table 44 of the Pink Book, "UK Balance of Payments 1964–74", a copy of which has been placed in the Library. An explanation of the major conceptual problems and practical difficulties which accompany these estimates can be found on pages 56–58 of the same publication. Further details of the pattern of direct investment in 1973 are available in the Business Monitor series M4, "Overseas Transactions 1973"; a copy of this has likewise been placed in the Library.