Balance of Payments and Domestic Consumption and Production

HC Deb 25 February 1969 vol 778 cc255-6W

Sir C. Osborne

asked the Chancellor of the Exchequer to what extent United Kingdom expenditure of all sorts overseas exceeded total receipts from overseas; how far domestic consumption exceeded production in 1968; and what new steps he is taking to prevent such an excess in 1969.

Mr. Harold Lever

As to the first two parts of the hon. Gentleman's Question, I would ask him to await the publication in coming weeks of the official estimates of the balance of payments and national income for 1968 as a whole. As to the last part of the Question, I would refer him to my right hon. Friend, the Chancellor of the Exchequer's statement in this House on 22nd November last.—[Vol. 773, c. 1790–1806.]