§ Mr. Walkerasked the Chancellor of the Exchequer what proportion of the United Kingdom overseas earnings from shipping and insurance is obtained from business transacted with Commonwealth countries; and what proportion is obtained from business transacted with the countries of the European Economic Community.
§ Mr. BarberI presume the hon. Member is referring to gross earnings. For shipping the approximate proportions are 35 per cent. for Commonwealth countries and 25 per cent. for the European Economic Community. No figures of gross insurance earnings are available, but for net earnings the approximate proportions are 35 per cent. for Commonwealth countries and 20 per cent. for the E.E.C.