asked the Chancellor of the Exchequer how much foreign currency has been applied for, during the first six months of this year, for holiday expenditure abroad; and how many people he estimates have gone abroad on holiday during that time.

About £11½ million for a quarter of a million people.

In view of the fact that it takes a long time for holiday associations to prepare dates to send people abroad, could he give any indication whether he thinks this is too great a sum, in view of the fact that many people are now preparing for their winter holidays abroad?

I think that the hon. Gentleman had better wait and see what is coming along.