§ 21. Mr. SpringTo ask the Chancellor of the Exchequer what assessment he has made of the impact of recent trends in manufactured exports on the balance of payments. [32513]
§ Mrs. LiddellDuring 1997 as whole, UK exporters performed well in difficult circumstances and export volumes of goods grew by around 8 per cent. Export growth is likely to slow in 1998, and the current account balance is forecast to move into deficit. But the deficit is expected to remain small by historical standards.