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Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 26th January 1989.

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Photo of Mr Dale Campbell-Savours Mr Dale Campbell-Savours , Workington 12:00 am, 26th January 1989

Is the Chancellor aware that the rise in exchange rates is doing immeasurable damage to much of Britain's manufacturing industry? As imports are being sucked into the United Kingdom, many jobs are being lost at home in all sorts of industries, but in particular in the footwear industry and in Millers, a company in my constituency. What will he do about that? Will he leave exchange rates at the present high level and accept job losses at home with the consequent effect on the Exchequer?