HC Deb 18 May 1993 vol 225 c112W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer what assessment he has made of the effect on United Kingdom employment and on the balance of payments since 1986 of the increase in the price of foreign holidays since 13 January 1987.

Mr. Nelson

A price index for foreign holidays has only been compiled from January this year following the recommendation of the Retail Prices Index Advisory Committee. The price of foreign holidays is but one factor among many which may affect the balance of payments and the level of employment.