§ Mr. McNamaraTo ask the Chancellor of the Exchequer what estimate he has made of the cost to the(a) retail business sector and (b) overall business sector of accepting both sterling and euro as a means of exchange. [935]
§ Ruth KellyNo estimate of these costs has been made, and it would not be a simple task to carry out such an assessment. It is a commercial decision for each UK business to determine whether or not it wishes to accept the euro or, indeed, any foreign currency.