Exchange Controls

HC Deb 08 August 1980 vol 990 c416W

Mr. Skinner

asked the Chancellor of the Exchequer if he will now reintroduce exchange controls; and if he will make a statement.

Mr. Lawson

No.

Mr. Skinner

asked the Chancellor of the Exchequer what is the latest estimated figure for the loss of income tax from cash profits transferred to foreign bank accounts since the abolition of exchange controls.

Mr. Peter Rees

I regret that in the time available it has not been possible to provide the information requested. I shall write to the hon. Member.