OK, so what does that look like in terms of cold hard income
It’s perhaps no surprise that the fall in investment is reflected by a fall in earnings. The decline of earnings from UK investments abroad is nothing new and hit a lowest recorded level since 2006
Beyond the obvious, that historically our companies on foreign soil have earned more than foreign companies have made on UK soil, is that in 2015 it was a close call and didn’t look much improved in 2016.
The fall in income from credits (income form UK investments abroad) is attributed to large investment in the EU where the member states were performing below the average. The investment in North America is also held to account where returns from our interests in mining and quarrying were in decline.