HC Deb 07 April 1971 vol 815 c184W
Mr. Kenneth Clarke

asked the Chancellor of the Exchequer what estimate he has made of the effect of British membership of the European Economic Community upon the capital market of the City of London.

Mr. Higgins

I would expect the effect to be beneficial. Enlargement of the Community, and the progressive removal of obstacles to capital movements, should provide opportunities for expanding business.