§ 17. Mr. Jegerasked the Chancellor of the Exchequer what information has been obtained, in the course of current negotiations, concerning the income 936 which was derived from the six countries of the European Economic Community in Customs and Excise during the last complete year for which figures are available.
§ Sir E. BoyleAbout £40 million, on the assumption that the hon. Member has in mind the Customs revenue arising from the protective duties on imports from Common Market countries.
§ Mr. JegerHas the hon. Gentleman taken into account the economies in national expenditure which will be required when that income is denied to us when we enter the Common Market?
§ Sir E. BoyleThe figures I have given to the House are those in answer to the hon. Gentleman's Question. I must say that the figures I have given represent less than 1½ per cent. of the total Customs and Excise revenue and must be viewed in relation to all the other consequences which could follow from our membership of the Community.