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 Balance of Trade – 6 June 1989

Below is the text of Mr Major’s written Parliamentary Answer on Balance of Trade on 6th June 1989.


Mr. Tony Lloyd To ask the Chancellor of the Exchequer what is his latest forecast of the balance of trade in visible goods in 1989.

Mr. Harry Barnes To ask the Chancellor of the Exchequer what is his latest forecast of the balance of trade in visible goods in 1989.

Mr. Grocott To ask the Chancellor of the Exchequer what is his latest forecast of the balance of trade in visible goods in 1989.

Mr. Major The “Financial Statement and Budget Report” for 1989–90 shows a forecast deficit for visible trade in 1989 of £21.5 billion.