HC Deb 19 July 1977 vol 935 cc468-70W
Mr. Austin Mitchell

asked the Secretary of State for Trade (1) what is the total of private investment from Common Market countries in Great Britain to date; and if he will list the amounts from each country individually;

(2) what is the total of private United States' investment in Great Britain to date.

Mr. Meacher

The information available relates to the book value at the end of 1974 of overseas direct investment in the United Kingdom, excluding oil, banking and insurance, and is as follows:

Book value of overseas direct investmentin UK (excluding oil, banking and insurance)£ million: end 1974
EEC 1,084
of which:
Belgium and Luxembourg 210
Denmark 64
France 163
German Federal Republic 168
Irish Republic 28
Italy 114
Netherlands 337
United States of America 3,664

Mr. Austin Mitchell

asked the Secretary of State for Trade (1) what is the scale of private British investment in Common Market countries in the last available year;

(2) what is the scale of private British investment in the United States of America in the last available year.

Mr. Meacher

The information available relates to United Kingdom net direct investment overseas, excluding oil. In 1975, the latest year for which the information is available, the value of the investment in the Common Market countries was £151 million, and in the United States of America £201 million.

Mr. Austin Mitchell

asked the Secretary of State for Trade (1) what is the scale of private investment by Common Market countries in Great Britain in the last available year;

(2) what is the scale of private United States investment in Great Britain made in the last available year.

Mr. Meacher

The information available relates to overseas net direct investment in the United Kingdom, excluding oil and insurance. In 1975, the latest year for which the information is available, the value of this investment from Common Market countries was £114 million, and from the United States of America £224 million.