§ Mrs. BeckettTo ask the President of the Board of Trade what percentage of inward investment in 1995 was due to the acquisition, takeover or merger of a United Kingdom company by overseas investors. [31370]
§ Mr. Lang[holding answer 7 June 1996]: In 1995, acquisitions, takeovers and mergers accounted for around 25 per cent. of foreign direct and portfolio investment into the UK, based on UK balance of payments data.