§ Mr. MitchellTo ask the Secretary of State for Trade and Industry if he will make a statement on the change in the balance of manufactured trade over the last three years. [82388]
§ Mr. Byers[holding answer 6 May 1999]: The manufacturing trade deficit rose between 1996 and 1998 at a time of deteriorating global economic prospects. However, the tough and decisive action this Government have taken will ensure that the UK steers a course of lasting stability, and is well positioned to take advantage of opportunities once world conditions pick-up.