§ Mr. Arthur Lewisasked the Minister for Trade whether, as a means of protecting holiday makers from losing their deposits and payments to travel companies and holiday organisations who are not members of the Association of British Travel Agents, he will introduce the necessary legislation to ensure that all such companies must place with his Department a surety bond of £1 million to protect these holiday makers where such holiday firms go into voluntary or compulsory liquidation.
§ Dr. VaughanThe Association of British Travel Agents is not alone in providing financial protection for intending holiday makers, whether through bonding, or by other means such as commercial insurance schemes. The consumer should take into account the level of protection available when choosing his holiday arrangements from the wide variety available. I therefore see no call for legislation on the lines proposed by the hon. Member.
United Kingdom Trade in Manufactured Goods* £ million European Community (Original Six) European Community (Current Membership) Rest of World Export/Import ratio Exports Imports Crude balance Export/ Import ratio Exports Imports Crude balance Export/ Import ratio Exports Imports Crude balance 1962 601 440 + 161 137 800 491 +309 163 2,449 976 +1,473 251 1963 675 478 +197 141 880 535 +345 164 2,558 1,032 +1,525 248 1964 697 589 +108 118 936 636 +300 147 2,679 1,373 +1,306 195 1965 771 638 +133 121 1,029 714 +315 144 3,066 1,539 +1,527 199 1966 840 708 +132 119 1,110 796 +314 132 3,281 1,674 +1,606 196 1967 850 817 +33 104 1,135 929 +206 122 3,251 1,915 +1,336 170 1968 1,065 1,031 + 34 103 1,439 1,193 +246 121 3,974 2,580 +1,394 154 1969 1,283 1,111 +171 115 1,749 1,292 +457 135 4,507 2,846 +1,662 158