§ Mr. Powellasked the Chancellor of the Exchequer whether he instructed the Bank of England to request all practising solicitors in England and Wales to make returns to the Bank of all their overseas earnings and payments in 1971; and whether he will make a statement.
§ Mr. HigginsThis request by the Bank of England is part of the programme recommended by the Committee on Invisible Exports, in its Report published in 1967, to improve statistics of invisible earnings. It enjoys the support and cooperation of the Law Society, and is the subject of an authoritative article in the March-April issue of the Society's Gazette (p. 173).