HC Deb 16 January 1984 vol 52 cc11-2W
Mr. Skinner

asked the Chancellor of the Exchequer what was the total amount of United Kingdom non-bank private investment overseas between 1974 and 1978 and 1979 and 1982.

Mr. Ian Stewart

The total annual value of investment overseas by the United Kingdom non-bank private sector in each year from 1978 to 1982 is given in table 11.4 of "Financial Statistics", the latest edition of which is available in the House of Commons Library. However, the 1978 figure shown in that table is not strictly comparable to those for later periods as it includes portfolio investment by banks for which separate data are not available. Figures for 1974 to 1977 on the same basis as that for 1978 are as follows, but 1974 includes, in addition and also indistinguishably, overseas direct investment by public corporations. The investments by banks and public corporations are thought to be relatively small.

UK non-bank private sector investment overseas

£ million

1974 985
1975 1,279
1976 2,078
1977 2,179
1978 4,381

(Increase in UK assets overseas is shown as positive here, but negative in table 11.4).

Mr. Skinner

asked the Chancellor of the Exchequer what was the total amount of United Kingdom non-bank private sector assets overseas in 1978 and 1982.

Mr. Ian Stewart

The total sterling value of United Kingdom non-bank private sector assets overseas at the end of 1978 and at the end of each calendar quarter of 1982 is published in supplementary table S15 of "Financial Statistics", September 1983 edition, which is available in the House of Commons Library.

Mr. Skinner

asked the Chancellor of the Exchequer what was the total amount of United Kingdom private sector assets, including banking sector assets, overseas in 1978 and 1982.

Mr. Ian Stewart

The information requested is published in table 11.1 of "United Kingdom balance of payments 1983 edition"—the Pink Book.