HC Deb 19 December 1969 vol 793 c506W
Mr. Boyden

asked the Chancellor of the Exchequer what was the net gain in foreign exchange of the £234 million worth of contracts gained by British building and civil engineering firms in the year ended March 1969.

Mr. Taverne

No estimate is possible. But the net overseas earnings of British civil engineering and building contractors are currently running at around £35 million a year. These earnings relate to contracts lower in value than the £234 million of new contracts gained in 1968–69.