§ Mr. Nicholas Bakerasked the Chancellor of the Exchequer if he will make a statement upon the current Inland Revenue practice concerning the treatment of foreign exchange gains or losses, whether realised or unrealised, in respect of foreign currency borrowings and loans made by companies resident in the United Kingdom and pursuant to the Inland Revenue statement dated 6 October 1976, in the light of the Marine Midland case, in circumstances similar to those under discussion in that case.