§ Sir C. Osborneasked the Chancellor of the Exchequer if his proposed transfer of £500 mil lion for overseas resources from 62W the home market to exports is solely to correct the balance of payments; and what further transfer of resources is needed to repay the foreign debts as they become due.
§ Mr. CallaghanAn improvement of at least £500 million will swing the balance of payments into substantial and continuing surplus; and this will be available for the repayment of foreign debt over the years ahead.