Mr Major’s Written Parliamentary Answer on Manufacturing Industry – 9 July 1987

Below is the text of Mr Major’s written Parliamentary Answer on Manufacturing Industry on 9th July 1987.

Mr. Bruce Asked the Chancellor of the Exchequer what is the current projected deficit in manufactured goods compared with the estimates at the time of the last Budget.

Mr. Major The performance so far in 1987 has been better than implied at Budget time; in the four months to April the trade deficit in manufactures fell by £1.1 billion compared to the last four months of 1986. A new forecast will be published in the usual way at the time of the autumn statement.