HC Deb 18 November 1969 vol 791 c278W
140. Mr. Wingfield Digby

asked the President of the Board of Trade what is his latest information regarding the invisible earnings of the shipping industry.

Mr. Goronwy Roberts

From January to September, 1969, the net overseas earnings of United Kingdom shipping are estimated to have been about £157 million compared with £262 million in the whole of 1968. The lower rate of earnings this year has mainly been due to lower freight rates for tanker cargoes.