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Mr. Speed
asked the Secretary of State for Trade and Industry if he will list the sums spent by his Department at constant prices on overseas trade support and promotion for each of the past seven years.
Mr. Channon
The following figures show gross and net expenditure by the British Overseas Trade Board in constant price terms:
| £ million (September 1979) | ||
| Gross expenditure | Net expenditure | |
| 1979–80 | 25·7 | 21·2 |
| 1980–81 | 19·8 | 16£1 |
| 1981–82 | 19·2 | 15·2 |
| 1982–83 | 20·8 | 16·3 |
| 1983–84 | 20·5 | 15·3 |
| 1984–85 | *24·5 | *18·7 |
| 1985–86 (Budget) | 24·0 | 16·9 |
| * Expenditure on publicity and promotion was transferred to the BOTB budget from the Col with effect from 1984–85. On a constant price basis the expenditure amounted to £1·5 million in 1984–85. | ||