§ 47. Mr. Wingfield Digbyasked the President of the Board of Trade what action he proposes to take on the recommendations of the report on invisible earnings.
§ Mr. J. P. W. Mallalieu:After consultation with the Government, the Governor of the Bank of England and the British National Export Council will shortly set up a Committee with the task of suggesting and, where possible, implementing measures for the encouragement of invisible earnings in the light of the conclusions and recommendations of the Report. The Chairman and Deputy Chairman of the new Committee will be appointed by the Governor in consultation with the Chairman of the British National Export Council, and will be 109W members of the Council. The membership of the Committee will be widely representative of the interests concerned including Government Departments.