HC Deb 16 February 1987 vol 110 cc422-3W
Mr. Douglas

asked the Chancellor of the Exchequer if he will give details for the year ended December 1986 of the United Kingdom balance of payments position (a) overall and (b) with the European Economic Community, and the balance of trade in manufactured goods for the same period (i) overall and (ii) with the European Economic Community.

Mr. MacGregor

The preliminary estimates for the United Kingdom balance of payments in the fourth quarter and year 1986 will be published on 5 March. The first available estimate for the current account in 1986, which included a projected figure for the balance of invisible transactions in the fourth quarter, showed a deficit on £187 million. Estimates of the 1986 United Kingdom balance of payments with the European Community will not be available until this summer.

On trade in manufactured goods, the United Kingdom recorded a deficit of £5,852 million with the rest of the world in 1986 and a deficit of £10,072 million with countries in the European Community.

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