The Rt. Hon. Sir John Major KG CH

Prime Minister of Great Britain and Northern Ireland 1990-1997

Chief Secretary (1987-1989)

Mr Major’s Written Parliamentary Answer on Banking Flows – 23 February 1989

Below is the text of Mr Major’s written Parliamentary Answer on Banking Flows on 23rd February 1989.


Mr. Rooker To ask the Chancellor of the Exchequer if he will publish the amount of banking flows into the United Kingdom in 1987 and 1988.

Mr. Major Banking flows into the United Kingdom are estimated to have been £54.7 billion in 1987 and £35.3 billion in the first three quarters of 1988.