HC Deb 24 February 1995 vol 255 cc367-8W
Mr. Pawsey

To ask the President of the Board of Trade what is the current level of British investment in(a) the United States of America, (b) the EEC excluding the United Kingdom, (c) Japan and (d) south America; and what it was in 1979, at 1995 prices.

Mr. Ian Taylor

The available information, in current prices, is as follows:

UK direct investment: book value of net assets
£ million, current prices
1978 1981 1993
United States of America 3,559 7,979 57,420
EC 4,926 5,910 52,778
Japan 112 187 1,909
Caribbean, central and south America 957 1,711 12,216

Note:

Until 1987, the inquiry into overseas transactions was conducted triennially. Consequently, data are available for 1978 and 1981, but not 1979.