HC Deb 25 November 1987 vol 123 c225W
74. Mr. David Martin

To ask the Chancellor of the Exchequer what is the current level of United Kingdom holdings of overseas assets; what contribution the income from these assets makes to the balance of payments; and what are the comparable figures relating to the United Kingdom's overseas competitors' holdings of foreign assets.

Mr. Major

The level of United Kingdom net overseas assets at the end of 1986 was £114 billion—second only to Japan. The annual net income from these assets was £4½£ billion.