§ Mr. Kaufmanasked the Chancellor of the Exchequer if he will publish for each quarter of the years 1964, 1965, 1966, 1967, 1968, 1969 and 1970 the figures published at the time, and the figures in the latest published Treasury figures which have appeared on a comparable basis, before the recent revision in method, for the current balance of payments, and the overall balance of payments, respectively, on an actual and seasonally corrected basis, stating in each case the years in which the bisque was taken on the North American loans, and the estimated saving to the balance of payments resulting therefrom.
§ Mr. HigginsThe figures are published in "Economic Trends" as follows
Current account: September, 1970, page xv.Current and long-term capital account: June, 1970, page xvi. (Certain further revisions are in the September issue, pages xiv and xl.)The original estimates are contained in the relevant earlier numbers of this publication.
The immediate savings from taking the bisque were as follows:
£ million 1964 1965 1968 Principal … … 30 30 37 Interest … … 32 32 35 Saving to reserves … … 62 62 72