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 Invisible Earnings – 10 March 1988

Below is the text of Mr Major’s written Parliamentary Answer on Invisible Earnings on 10th March 1988.


Mr. Wood To ask the Chancellor of the Exchequer if he will make a statement on the balance of invisible earnings.

Mr. Sackville To ask the Chancellor of the Exchequer if he will make a statement on the balance of trade in invisible earnings.

Mr. Quentin Davies To ask the Chancellor of the Exchequer if he will make a statement on the balance of trade in invisible earnings.

Mr. Major The United Kingdom’s net invisible earnings remain in very substantial surplus.