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 Trade Deficit – 19 April 1989

Below is the text of Mr Major’s written Parliamentary Answer on Trade Deficit on 19th April 1989.


Mr. Harry To ask the Chancellor of the Exchequer what he now expects to be the trade deficit in 1989.

Mr. Major The Financial and Budget Report for 1988–89 shows a forecast deficit for visible trade in 1989 of £21.5 billion.