HC Deb 20 June 1961 vol 642 cc111-2W
65. Mr. Jay

asked the Chancellor of the Exchequer what steps he now proposes to take to check further deterioration in the United Kingdom's balance of payments.

Mr. Selwyn Lloyd

The figures for the first quarter of this year published yesterday show some improvement in the balance of payments. I shall take what action I think necessary to avoid any overload on the economy which might prevent this recovery from continuing.