HC Deb 22 March 1955 vol 538 cc168-9W
Mr. Elwyn Jones

asked the Chancellor of the Exchequer why he allowed the expenditure of foreign currency for the repairs of the Union Castle Line s.s. "Braemar Castle" in Antwerp, when facilities were available in the Port of London.

Mr. R. A. Butler

Since 16th December, 1949, United Kingdom shipowners have been freely allowed to spend foreign currency in O.E.E.C. countries for all ship repairs. This freedom is considered to be in the best interests of the United Kingdom shipping industry.