asked the Secretary of State for Trade if, pursuant to his statement concerning Skytrain in column 446 of the Official Report of 11th February 1976, he will now give his reasons for the cancellation of the licence and designation of Laker Airways.

My right hon. Friend intends to enlarge upon the reasons for his decision in the debate on the civil aviation policy guidance. Meanwhile he will be placing in the Library a paper dealing with calculation of the balance of payments effects.