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Multinationals

Mr. Mitchell: To ask the Chancellor of the Exchequer what proportion of United Kingdom gross domestic product is accounted for by multinational corporations. [92680]

Ms Hewitt: The information requested falls within the responsibility of the Director of the Office for National Statistics. I have asked him to reply.

Letter from Tim Holt to Mr. Austin Mitchell, dated 26 July 1999:

As Director of the Office for National Statistics (ONS), I have been asked to reply to your recent parliamentary question on multi-national corporations.

The proportion of gross domestic product accounted for by multi-national corporations is not available.

Some limited information on the activity of foreign owned businesses was published in an article 'Globalisation: scope, issues and statistics' in the November 1997 edition of Economic Trends, a copy of which is available in the House of Commons Library. This article included:

information on the proportion of net output accounted for by foreign-owned manufacturing enterprises derived from the Annual Census of Production;

estimates of the proportion of turnover and persons employed accounted for by foreign owned businesses involved in certain service industries.

Foreign Investment

Mr. Mitchell: To ask the Chancellor of the Exchequer what proportion of total investment in (a) the United Kingdom, (b) the Australian and (c) the New Zealand economy was accounted for by gross foreign direct investments in each year since 1970. [92682]

Ms Hewitt: The information requested falls within the responsibility of the Director of the Office for National Statistics. I have asked him to reply.

Letter from Tim Holt to Mr. Austin Mitchell, date 26 July 1999:

As Director of the Office for National Statistics (ONS), I have been asked to reply to your recent parliamentary question on foreign direct investment.

The proportion of foreign direct investment in the UK of total investment over the last ten years, expressed as a percentage is:

1989: 16.7

1990: 16.2

1991: 8.7

1992: 9.2

1993: 10.2

1994: 5.7

1995: 11.1

1996: 13.2

1997: 16.9

1998: 26.2

26 Jul 1999 : Column: 125

More information can be found on the ONS databank available through the House of Commons library. The ONS does not publish information for Australia and New Zealand, although data are published in the OECD publication International Direct Investment Yearbook 1998, a copy of which is available in the House of Commons Library.

Money Trading

Mr. Mitchell: To ask the Chancellor of the Exchequer how much money was traded on a daily basis on average (a) on the UK foreign exchanges and (b) in the rest of the world in each year since 1979. [92565]

Ms Hewitt: Average daily turnover during April in foreign exchange spot, forwards, and swaps is set out in the table:

$ billions

	1989	1992	1995	1998
UK	184	291	464	637
Rest of World	534	785	1,108	1,345

These are estimates derived from triennial surveys coordinated by the Bank for International Settlements since 1989.

Population Statistics

Mr. O'Hara: To ask the Chancellor of the Exchequer what proportion and number of people in each of the regions to be covered by the new regional development agencies are in the age range (a) 50 to 65 years, (b) 65 to 85 years, (c) 85 and over, (d) above pensionable age and (e) above 50 years; what proportion of the population as a whole in each region these figures represent; and if he will provide figures on the same basis showing the estimated population figures for (i) 2004, (ii) 2009, (iii) 2014, (iv) 2019 and (v) 2024. [93438]

Ms Hewitt: The information requested falls within the responsibility of the Director of the Office for National Statistics. I have asked him to reply.

Letter from John Fox to Mr. Eddie O'Hara, dated 26 July 1999:

The Director of the Office for National Statistics has been asked to reply to your recent question asking for population statistics for the new Regional Development Agencies. I am replying in Dr. Holt's absence.

The population estimates and projections for the age-groups you have requested are given in the attached tables.

Mid-1997 population estimates for English Regional Development Agency areas

	Population (000)	Percentage of population
1997
North East
50-64	426.3	16.4
65-84	372.9	14.4
85+	42.6	1.6
Pensionable age	482.4	18.6
Age 50+	841.8	32.4
North West and Merseyside
50-64	1,129.6	16.4
65-84	956.7	13.9
85+	124.9	1.8
Pensionable age	1,250.6	18.2
Age 50+	2,211.3	32.1
Yorkshire and Humberside
50-64	816.5	16.2
65-84	704.8	14.0
85+	93.5	1.9
Pensionable age	922.5	18.3
Age 50+	1,614.8	32.1
East Midlands
50-64	689.2	16.6
65-84	587.5	14.1
85+	74.0	1.8
Pensionable age	761.3	18.3
Age 50+	1,350.8	32.5
West Midlands
50-64	885.8	16.6
65-84	742.9	14.0
85+	88.8	1.7
Pensionable age	961.3	18.1
Age 50+	1,717.6	32.3
South West
50-64	823.4	16.9
65-84	785.4	16.1
85+	118.2	2.4
Pensionable age	1,027.5	21.1
Age 50+	1,727.1	35.4
Eastern
50-64	883.9	16.6
65-84	754.9	14.2
85+	99.9	1.9
Pensionable age	983.4	18.4
Age 50+	1,738.9	32.6
Greater London
50-64	1,002.7	14.1
65-84	807.4	11.3
85+	121.1	1.7
Pensionable age	1,072.6	15.1
Age 50+	1,931.3	27.1
South East
50-64	1,307.1	16.4
65-84	1,121.0	14.1
85+	167.6	2.1
Pensionable age	1,476.5	18.6
Age 50+	2,595.8	32.6

26 Jul 1999 : Column: 126

1996-based subnational population projections for English Regional Development Agency areas

	Population (000)	Percentage of population
2004
North East
50-64	464.3	18.1
65-84	372.4	14.5
85+	43.0	1.7
Pensionable age	481.5	18.8
Age 50+	879.7	34.3
North West and Merseyside
50-64	1,229.6	17.9
65-84	950.9	13.9
85+	122.1	1.8
Pensionable age	1,251.7	18.3
Age 50+	2,302.6	33.6
Yorkshire and Humberside
50-64	901.4	17.7
65-84	708.3	13.9
85+	93.7	1.8
Pensionable age	930.1	18.3
Age 50+	1,703.4	33.5
East Midlands
50-64	785.9	18.4
65-84	607.5	14.2
85+	77.1	1.8
Pensionable age	796.8	18.6
Age 50+	1,470.5	34.3
West Midlands
50-64	970.3	18.1
65-84	755.7	14.1
85+	93.4	1.7
Pensionable age	992.1	18.5
Age 50+	1,819.4	34.0
South West
50-64	963.1	19.1
65-84	813.1	16.1
85+	123.3	2.4
Pensionable age	1,079.5	21.4
Age 50+	1,899.4	37.6
Eastern
50-64	1,012.3	18.3
65-84	800.2	14.5
85+	106.8	1.9
Pensionable age	1,051.4	19.0
Age 50+	1,919.3	34.7
Greater London
50-64	1,098.5	15.1
65-84	764.9	10.5
85+	108.2	1.5
Pensionable age	1,025.4	14.1
Age 50+	1,971.6	27.1
South East
50-64	1,499.3	18.1
65-84	1,169.1	14.1
85+	172.2	2.1
Pensionable age	1,554.6	18.8
Age 50+	2,840.6	34.4

26 Jul 1999 : Column: 127

	Population (000)	Percentage of population
2009
North East
50-64	497.8	19.6
65-84	367.1	14.4
85+	50.3	2.0
Pensionable age	499.5	19.6
Age 50+	915.1	36.0
North West and Merseyside
50-64	1,285.5	18.8
65-84	957.8	14.0
85+	138.7	2
Pensionable age	1,312.0	19.2
Age 50+	2,382.0	34.9
Yorkshire and Humberside
50-64	960.3	18.8
65-84	713.3	13.9
85+	107.0	2.1
Pensionable age	981.8	19.2
Age 50+	1,780.6	34.8
East Midlands
50-64	833.2	19.1
65-84	630.6	14.5
85+	91.7	2.1
Pensionable age	863.5	19.8
Age 50+	1,555.5	35.7
West Midlands
50-64	1,005.7	18.7
65-84	777.7	14.5
85+	109.5	2.0
Pensionable age	1,055.8	19.7
Age 50+	1,892.9	35.3
South West
50-64	1,031.8	20.0
65-84	847.1	16.4
85+	144.5	2.8
Pensionable age	1,175.3	22.8
Age 50+	2,023.4	39.2
Eastern
50-64	1,078.0	19.1
65-84	836.1	14.8
85+	127.5	2.3
Pensionable age	1,152.2	20.4
Age 50+	2,041.6	36.1
Greater London
50-64	1,206.5	16.3
65-84	754.8	10.2
85+	113.9	1.5
Pensionable age	1,053.3	14.2
Age 50+	2,075.1	28.0
South East
50-64	1,602.9	18.9
65-84	1,219.2	14.4
85+	198.0	2.3
Pensionable age	1,692.0	20.0
Age 50+	3,020.0	35.7

26 Jul 1999 : Column: 128

	Population (000)	Percentage of population
2014
North East
50-64	518.5	20.5
65-84	400.5	15.9
85+	52.9	2.1
Pensionable age	532.2	21.1
Age 50+	972.0	38.5
North West and Merseyside
50-64	1,341.0	19.7
65-84	1,056.7	15.5
85+	142.7	2.1
Pensionable age	1,398.1	20.5
Age 50+	2,540.4	37.3
Yorkshire and Humberside
50-64	1,011.9	19.6
65-84	794.7	15.4
85+	110.5	2.2
Pensionable age	1,054.2	20.5
Age 50+	1,917.1	37.2
East Midlands
50-64	871.2	19.7
65-84	716.9	16.2
85+	97.6	2.2
Pensionable age	946.5	21.4
Age 50+	1,685.8	38.1
West Midlands
50-64	1,047.4	19.5
65-84	859.9	16.0
85+	115.5	2.1
Pensionable age	1,132.7	21.0
Age 50+	2,022.7	37.6
South West
50-64	1,075.6	20.4
65-84	971.9	18.4
85+	151.9	2.9
Pensionable age	1,297.1	24.6
Age 50+	2,199.3	41.6
Eastern
50-64	1,115.6	19.3
65-84	963.1	16.7
85+	136.3	2.4
Pensionable age	1,271.1	22.0
Age 50+	2,215.0	38.4
Greater London
50-64	1,365.4	18.1
65-84	824.3	10.9
85+	110.8	1.5
Pensionable age	1,112.6	14.7
Age 50+	2,300.4	30.5
South East
50-64	1,683.0	19.5
65-84	1,400.1	16.2
85+	207.2	2.4
Pensionable age	1,859.0	21.5
Age 50+	3,290.3	38.1

26 Jul 1999 : Column: 129

	Population (000)	Percentage of population
2019
North East
50-64	540.5	21.5
65-84	426.0	16.9
85+	56.0	2.2
Pensionable age	565.3	22.5
Age 50+	1,022.5	40.7
North West and Merseyside
50-64	1,425.3	20.9
65-84	1,120.6	16.5
85+	148.7	2.2
Pensionable age	1,476.8	21.7
Age 50+	2,694.6	39.6
Yorkshire and Humberside
50-64	1,086.2	20.9
65-84	850.1	16.4
85+	116.0	2.2
Pensionable age	1,123.1	21.7
Age 50+	2,052.3	39.6
East Midlands
50-64	938.8	20.9
65-84	778.3	17.3
85+	104.5	2.3
Pensionable age	1,019.5	22.7
Age 50+	1,821.6	40.5
West Midlands
50-64	1,123.0	20.8
65-84	915.2	16.9
85+	122.7	2.3
Pensionable age	1,199.1	22.2
Age 50+	2,160.9	40.0
South West
50-64	1,161.0	21.5
65-84	1,065.4	19.7
85+	161.8	3.0
Pensionable age	1,406.6	26.0
Age 50+	2,388.2	44.2
Eastern
50-64	1,210.5	20.5
65-84	1,046.2	17.7
85+	147.7	2.5
Pensionable age	1,373.3	23.3
Age 50+	2,404.3	40.8
Greater London
50-64	1,520.2	19.8
65-84	880.9	11.5
85+	112.4	1.5
Pensionable age	1,193.1	15.5
Age 50+	2,513.4	32.7
South East
50-64	1,837.4	20.8
65-84	1,521.5	17.2
85+	221.8	2.5
Pensionable age	2,007.9	22.7
Age 50+	3,580.8	40.5

26 Jul 1999 : Column: 130

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