HC Deb 28 July 1989 vol 157 c1115W
Mr. Sillars

To ask the Chancellor of the Exchequer if he will calculate and show outward investment from the United Kingdom in each year since 1975; and if he will indicate the recipient countries.

Mr. Norman Lamont

Estimates of outward investment (direct, portfolio and other, mainly short-term, investments) are published in United Kingdom balance of payments 1988 edition (Transactions in United Kingdom external assets, 1975 to 1987, in table 1.1) and inEconomic Trends, June 1989 (latest data to 1988 in table A1.

Comprehensive estimates of the main recipient countries and areas are available only for direct investment (investment in overseas branches and subsidiary and associated companies), which are published in the Business Monitor series, M4, Overseas Transactions. Copies of these publications are in the Library.

Building Rateable value Rate in £ Estimated rental value per square foot
Gross £ Net £ £
National Westminster Tower 4,909,000 4,090,805 1.64 65
Britanic House West 3,050,000 2,541,638 1.64 45
Bank of England, New Change 1,537,651 1,281,291 1.64 45
Bank of England, Bank 3,150,000 2,624,972 1.64 65
Britanic House 3,050,000 2,541,638 1.64 45
81 Newgate Street 2,750,000 2,291,638 1.64 60
15 Newgate Street 2,594,885 2,162,376 1.64 45
17–29 Woolgate House 2,667,616 2,222,985 1.64 65
Unilever House 1,765,000 1,470,805 1.64 40
Midland Montague House 1,800,000 1,499,972 1.64 50
27,274,152 22,728,120

These figures reflect the rateable values of the buildings as shown in the valuation list as at 24 July 1989.

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