§ The Financial Secretary to the Treasury (Mr. Anthony Barber)
I have no reason to think that our balance of payments would have deteriorated in the next two years if the Brussels negotiations had been successful. It follows that I do not look for an improvement as a result of the breakdown.
§ Mr. Barber
Of course, we make our own estimates. I can only tell the right hon. Gentleman that the best estimate we can make is that we did not look for an improvement as a result of the breakdown, bearing in mind that his Question 231 referred specifically—for reasons I can well understand—to the next two years.