HC Deb 31 March 1987 vol 113 c487W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing for table 13.4 of the 1986 edition of the "United Kingdom National Accounts" a division for the year 1975, 1979 and 1985 between manufacturing and other industrial and commercial companies for overseas securities, for overseas direct and other investment in the United Kingdom, and for direct and other investment abroad; and if he will specify the amount of direct investment in each direction accounted for by retained profits.

Mr. MacGregor

[pursuant to his reply, 30 March 1987, c. 396]: Figures for direct investment in overseas manufacturing companies' securities for all years 1974–1984 are published in table 1.4 of Business Monitor MA4 'Overseas transactions'; information for 1985 is not yet available. No other industrial analysis of the direct or portfolio investment comprising "overseas securities" is available.

The division of "overseas direct and other investment in the United Kingdom" showing the amount of direct investment in manufacturing industry accounted for by retained profit is:

£ million
Direct investment in overseas manufacturing industry
Retained profits Other Total Other investment abroad Total
1975 -133 -59 -192 -956 -1,148
1979 -895 -129 -1,024 -1,775 -2,799

Note: Increase in United Kingdom liabilities shown negative.

The division of "direct and other investment abroad" is:

£ million
Direct investment in United Kingdom manufacturing industry
Retained profits Other Total Other investment in United Kingdom Total
1975 543 -23 520 341 861
1979 873 -118 755 3,339 4,094

Note: Increase in United Kingdom assets shown positive.

Separate information on that part of the total investment shown in each table which is accounted for by retained profits is not available. Figures for 1985 are not yet available.

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