Balance of Payments

HC Deb 06 March 1968 vol 760 cc114-5W

Mr. Blaker

asked the Chancellor of the Exchequer (1) if he will instruct the Central Statistical Office to produce and publish an annual assessment of the contribution of the banking sector to the balance of payments;

(2) if he will instruct the Central Statistical Office to produce and publish an annual assessment of the contribution made to the balance of payments by insurance earnings.

Mr. Harold Lever

It is hoped to publish estimates this year and consultations are taking place to this end.

Mr. Blaker

asked the Chancellor of the Exchequer if he will instruct the Central Statistical Office to produce and publish separate statistics of the contribution to the United Kingdom balance of payments position made by international fare payments and by the purchase of goods bought by foreign tourists in the United Kingdom.

Mr. Harold Lever

Figures have been published as follows. Goods bought by overseas visitors and not at present included in the estimates of travel expenditure—in the Board of Trade Journal, 29th September, 1967. International fare payments—in the O.E.C.D. publication, "Tourism in O.E.C.D. Member Countries, 1967". The Board of Trade intends to publish these figures regularly.