§ Mr. HunterTo ask the Chancellor of the Exchequer what percentage of United Kingdom overseas investments are in(a) Germany, (b) the European Union, (c) the United States of America, and (d) the rest of the world. [20686]
§ Mrs. Angela KnightThe information requested falls within the responsibility of the chief executive of the Office for National Statistics. I have asked him to arrange for a reply to be given.
Letter from Tim Holt to Mr. Andrew Hunter, dated 19 March 1997:
The Chancellor of the Exchequer has asked me to reply as the Director of the Office for National Statistics to your recent question on the overseas investment.The figures requested are shown in the table below. They are based on flows and stock of direct investment overseas i.e. where the United Kingdom company has a significant and lasting interest in an enterprise operating overseas. No information is available centrally regarding the geographical breakdown of portfolio investment overseas.622W
Direct Investment: Percentage of UK Total Area Flows during 1995 Stock at end 1995 Germany 6 5 EU (including Germany) 37 36 USA 40 31 Rest of the world 23 33