Nicholas Soames – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Nicholas Soames on 2015-10-30.

To ask Mr Chancellor of the Exchequer, what estimate he has made of the likely level of earnings from UK overseas assets over the next 10 years; and if he will make a statement.

Greg Hands

The latest forecasts by the Office of Budget Responsibility show that the UK’s net investment income is expected to move to a surplus of £0.5bn in 2018, rising to £4.9bn by 2020.

Further information can be found in the OBR Economic and Fiscal Outlook.