§ Mr. Colvinasked the Chancellor of the Exchequer what were the gross receipts to the United Kingdom invisible balance of payments arising from the operations of the United Kingdom merchant shipping industry in each year from 1979 to 1984; and what were the net balances on the sea transport invisible account as a whole in the same years.
§ Mr. Ian StewartThe latest estimates are as follows:
Balance of Payments Invisibles Account £ million United Kingdom ship operators' gross credits Balance on Sea Transport Account 1979 3,187 127 1980 3,144 141 1981 3,063 -160 1982 2,527 -530 1983 2,328 -884 1984* 2,570 -1,108 * Provisional.