§ 51. Mr. Malcolm BruceTo ask the Chancellor of the Duchy of Lancaster what recent representations he has received from industry concerning the effects of changes in the exchange rate.
§ Mr. Kenneth ClarkeMy Department has recently received representations from a number of firms and trade organisations about the possible effects of recent exchange rate movements.
§ 83. Mr. Beaumont-DarkTo ask the Chancellor of the Duchy of Lancaster what is his latest assessment of the148W impact of the sterling exchange rate on the export performance of British industry; and if he will make a statement.
§ Mr. Kenneth ClarkeExport performance is affected by a variety of factors, of which variation in exchange rates is only one. The improved design, quality and reliability of many British products has contributed substantially to our improved competitiveness and export performance in recent years.