The government have only a small majority in the House of Commons. I want to make it quite clear that this will not affect our ability to govern. Having been charged with the duties of Government we intend to carry out those duties.
From now on, the pound abroad is worth 14 per cent or so less in terms of other currencies. That doesn’t mean, of course, that the Pound here in Britain, in your pocket or purse or in your bank, has been devalued.