§ 29. Mr. Rentonasked the Chancellor of the Exchequer whether he expects the contribution from financial services to the balance of payments to grow in the next five years.
§ Mr. Peter ReesBetween 1980 and 1983, net overseas earnings from financial services rose by almost two thirds, and by nearly a quarter in 1983 alone to £2½ billion. This suggests a growing future contribution to the balance of payments from financial services.