By William Amos of the Bank’s Monetary and Financial Statistics Division.
This article examines changes to the net external asset position of the United Kingdom during 1994 (using figures published in the 1995 CSO Pink Book); it continues a series begun in September 1985 and last updated in the November 1994 Bulletin. It focuses on capital flows, the impact of valuation changes to existing assets and the earnings on these assets. It also includes an international comparison of external balance sheets.
The external balance sheet of the United Kingdom: recent developments