§ Mr. Ridleyasked the Chancellor of the Exchequer whether the forecast published by the Treasury on 26th October assumed the revaluation of the £ sterling ; and if it did not, whether he will publish a revised forecast that takes the revaluation into account.
§ Mr. Robert Sheldon:The forecast assumed that the effective exchange rate was constant at the level prevailing when it was prepared. It is not proposed to issue a new forecast on different assumptions.