HC Deb 26 January 1956 vol 548 c345
15. Mr. Dodds

asked the President of the Board of Trade if he is aware of the concern that has arisen as a result of the trade gap for 1955 having worsened by £265 million, when compared with 1954; and what action is to be taken to deal with the situation.

Mr. P. Thorneycroft

I would refer the hon. Member to the reply given by my right hon. Friend the Chancellor of the Exchequer on the 24th January, to the hon. Member for Orkney and Shetland (Mr. Grimond).

Mr. Dodds

Is not the right hon. Gentleman much more deeply concerned than was suggested in the answer by the Chancellor of the Exchequer.

Mr. Thorneycroft

I am just as deeply concerned as the Chancellor of the Exchequer.

Mr. Jay

As uncertainty about the Government's policy in relation to the balance of payments is damaging in many ways, can the President at least say how soon the Government will make up their mind and make a statement?

Mr. Thorneycroft

At this stage I do not wish to add anything to what my right hon. Friend has said.

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