Foreign Companies: Profits

Treasury written question – answered on 22nd January 2014.

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Photo of Austin Mitchell Austin Mitchell Labour, Great Grimsby

To ask the Chancellor of the Exchequer what estimate he has made of the level of the profits generated in the UK and remitted overseas by foreign-owned companies, banks and utilities trading in the UK in each of the last five years.

Photo of David Gauke David Gauke The Exchequer Secretary

The Office for National Statistics publishes statistics on cross-border Foreign Direct Investment income flows. These statistics are published quarterly in the Balance of Payments and annually in the Pink Book and Foreign Direct Investment (MA4). These publications are available at these links.

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