asked the Chancellor of the Exchequer to what extent restrictions on the amount of money taken out by travellers will be relaxed for those countries where visas have been, or may be, abolished.

Not at all.

What is the point of relaxing the technical restrictions on travel, if the financial restrictions are not also relaxed? Will not the right hon. Gentleman back up the Foreign Secretary, who I understand is interested in this matter?

The Foreign Secretary is just as well aware as I and the noble Lord of the need to conserve foreign exchange, which is as great as if not greater than ever before.