§ Sir T. Beamish
asked the Chancellor of the Exchequer by what amount annually since 1960 sterling balances have gained by reason of the presence in the United Kingdom of United States 394W armed forces; and what proportion of the annual cost of maintaining these forces is paid directly or indirectly in foreign exchange.
§ Mr. MacDermot
The greater part of the receipts is in foreign exchange. Total Government receipts from both United States and Canadian forces are shown in Table 6 of "The U.K. Balance of Payments 1965", which may be found in the Library. The figure for 1964 was £12 million. I am unable to supply a figure for private receipts.