Oral Answers to Questions — Balance of Payments

Part of the debate – in the House of Commons at 12:00 am on 27th July 1965.

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Photo of Mr Harold Wilson Mr Harold Wilson , Huyton 12:00 am, 27th July 1965

I am not sure that the hon. Member is aware of the text of the statement to be made by the Chancellor of the Exchequer this afternoon. As for the views of certain well-informed people, I am anxious to know who is informing these well-informed people because, as I stated in the original Answer, compared with a balance-of-payments deficit of £800 million last year, all the signs are that the balance-of-payments deficit this year will be considerably less than half that figure, which is quite a good interim report.