§ Mr. Marlowasked the Chancellor of the Exchequer if he will set out in the Official Report for each of the last 10 years the gross costs of administration of the European Economic Community under the following headings: (a) the European Commission; staff pay, (b) the European Commission: other expenditure, (c) the European Assembly, (d) the Council of Ministers, (e) the Court of Justice, (f) the Court of Auditors and (g) other administrative costs, and total costs.
§ Mr. RidleyI shall let my hon. Friend have a reply as soon as possible.
§ Mr. Teddy Taylorasked the Chancellor of the Exchequer if he has any statistics available that would identify the flow of capital for industrial and commercial investment and for portfolio investment, respectively, to and from the United Kingdom and the European Economic Community and the rest of the world respectively, in the eight years before and since the United Kingdom's accession to the European Economic Community, excluding the movement of funds for investment in the oil industry; and if he will make a statement.
§ Mr. RidleyThe available information relates to flows of direct investment in and by United Kingdom companies, including banking and financial companies and excluding oil companies. Figures are not available for portfolio investment. The information on direct investment is published inBusiness Monitor, MA4, overseas transactions, 1979, a copy of which may be found in the House Library. Outward investment by United Kingdom companies, analysed by countries and broad areas—including, specifically, the European Community—and by industrial activity of the recipient, is shown in table 3.3 for the years 1975 to 1979. similar information on inward investment in United Kingdon affiliates is given in table 4.3. It is not possible to separate banking and financial investment from the rest. Information for earlier years back to 1965 is not readily available in the same detail on a consistent basis. However, a summary of direct investment flows between the United Kingdom and (a) the eight countries of the European Community in 1973 to 1979, and (b) the rest of the world, including the European Community Eight is as follows. Figures in the detail requested are not yet available for 1980.
201W
United Kingdom Direct Investment, excluding Oil £million Total, all countries of which,European Community eight Total investment of which, manufacturing industry Total investment of which, manufacturing industry Outward investment 1965 308 138 47 12 1966 276 158 47 30 1967 281 139 38 12 1968 410 211 76 43 1969 549 294 126 86 1970 546 309 93 70 1971 676 384 287 183 1972 737 352 244 117 1973 1,621 835 519 273 1974 1,576 825 364 166 Inward investment 1965 197 151 15 10 1966 196 155 11 4 1967 170 109 54 37 1968 274 235 26 16 1969 322 216 34 23 1970 363 269 61 38 1971 450 340 39 26 1972 408 227 44 17 1973 734 453 112 29 1974 854 468 76 28
§ Mr. Teddy Taylorasked the Chancellor of the Exchequer how much private capital was transferred from the United Kingdom to the European Economic Community in each of the past 15 years; and what were the comparable figures in each year for European Economic Community private investment in the United Kingdom.
§ Mr. RidleyThe net flows of United Kingdom private investment to the European Community in the years 1973 to 1980 are shown in table 13.1 of "United Kingdom Balance of Payments, 1981 Edition"—the Pink Book—available in the House Library. Comparable figures for investment by the European Community in the United Kingdom private sector are as follows:
£ million 1973 +434 1974 +464 1975 +464 1976 +386 1977 +564 1978 +324 1979 +669 1980 +1,283 Full information on years before 1973 is not available, but details of direct investment in and by companies other than oil companies are given for 1970 onwards in table 8.5 of the Pink Book.