Lord Bruce of Doningtonasked Her Majesty's Government:
Whether they will state, for each of the years 1970–71 to 1979–80, inclusive, the following particulars relating to the external trade guarantees issued or renewed by the Export Credits Guarantee Department:
- (a) business declared;
- (b) premium income;
- (c) claims paid;
- (d) recoveries.
§ The Parliamentary Under-Secretary of State, Foreign and Commonwealth Office (Lord Trefgarne)Following are the particulars of all external trade guarantees for the 10 years in question:
Finiancial year Business declared during year Premium received during year Claims paid during year Claims recovered during year £million £ £ £ 1970–71 129 480,882 1,908,440 676,451 1971–72 166 654,112 2,892,784 3,189,620 1972–73 193 771,293 1,395,696 446,882 1973–74 285 1,112,652 606,832 243,388 1974–75 421 2,095,263 975,831 230,616 1975–76 540 2,468,517 2,705,454 643,120 1976–77 906 3,988,013 7,434,757 2,297,508 1977–78 1,086 5,303,220 12,062,947 2,633,557 1978–79 1,162 6,611,777 13,432,866 3,510,018 1979–80 1,173 7,594,576 34,317,866 14,669,567