HC Deb 23 November 1978 vol 958 c713W
Mr. Lee

asked the Chancellor of the Exchequer what is the estimated current value of South African investments in the United Kingdom; and what were the corresponding figures for 1968, 1970 and 1974.

Mr. Denzil Davies

Information is not available for all types of investment. However, the following estimates were published in the Department of Trade's " Business Monitor M4, Transactions:

Book value of South African direct investment in the UK

(other than oil, banking and insurance)

£millions
1968 36.8
1970 72.5
1974 250.3

Mr. Lee

asked the Chancellor of the Exchequer what was the value of British investments in South Africa for 1977; and what were the corresponding figures for 1976 and 1967.

Mr. Denzil Davies

Information is not available for all types of investment or for two of the years in question. However, the following estimates have been published in the Department of Trade's "Business Monitor M4, Transactions": Book value of direct investment in South Africa by UK firms (other than banking, insurance and oil)

£millions
1967 1974
545.3 997.2

Estimates suggest that the comparable figure for 1976 was probably about £1,400 million.