§ Mr. Maclennanasked the Chancellor of the Exchequer what is his estimate of the contribution of the London commodity markets to invisible earnings; and what are the prevailing arrangements for supervising the markets.
§ Mr. LawsonUnited Kingdom earnings from commodity trading in 1978 are estimated to have been £163 million. Arrangements for the supervision of the London commodity markets following the dismantling of exchange controls are under discussion.