The Rt. Hon. Sir John Major KG CH

Prime Minister of Great Britain and Northern Ireland 1990-1997

Chief Secretary (1987-1989)

Mr Major’s Written Parliamentary Answer on Foreign Investment – 4 May 1989

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Below is the text of Mr Major’s written Parliamentary Answer on Foreign Investment on 4th May 1989.

Mr. McLeish To ask the Chancellor of the Exchequer if he will estimate the net flows of foreign investment into the United Kingdom in the form of (a) long-term direct investment and (b) short-term banking flows.

Mr. Cox To ask the Chancellor of the Exchequer if he will estimate the net flows of foreign investment into the United Kingdom in the form of (a) long-term direct investment and (b) short-term banking flows.

Mr. Major The most recent information on flows of direct investment and banking inflows into the United Kingdom has been published by the CSO in the March edition of Economic Trends. However, it is not possible to distinguish between long-term and short-term flows.