§ 38. Mr. Maginnisasked the Chancellor of the Exchequer what estimate he has made of the loss to the United Kingdom invisible earnings if the rôle of sterling as a reserve currency is phased out; and if he will make a statement.
§ Mr. Patrick JenkinNone. It is however of interest that our invisible earnings have gone steadily ahead in recent years despite the relative decline in the reserve rôle of sterling.