Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 27 October 1988.
In the light of the facts that we have now had a deficit for 16 consecutive months, that in this calendar year the deficit is approaching £10 billion and that on the three-monthly figures the level of imports is growing at twice the rate of exports, should not the Chancellor give us a forecast now and, more seriously, tell us what he is going to do about it?