HC Deb 24 November 1967 vol 754 c447W
Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer what he expects to be the net foreign exchange cost, after allowing for offset payments, of the British Army of the Rhine during the current financial year, expressed in sterling.

Mr. Callaghan

In my Budget Statement I estimated that it would be possible to cover about £72 million of the total D.M. costs in the current year of £82 million. These estimates will obviously be changed as a result of devaluation, but there are several factors not all of which are adverse and it is not yet possible to give an accurate figure for the change.