Is the Minister of State aware that that news, so far as it goes, will be welcomed? Is he aware that if devaluation is to have the effect of bringing more foreign visitors here and persuading more British people to spend their holidays in Britain, we shall need very many more hotel beds? Is he aware that the existing hotel loan scheme is not a success, and will he replace it with something better?
In view of devaluation our need to earn foreign currency, and the problems of the development areas, will my hon. Friend see whether he can take additional steps to attract foreign tourists to resorts in the development areas?