HC Deb 10 March 1975 vol 888 cc29-30W
Mr. Spearing

asked the Secretary of State for Trade if he will show in the Official Report the exchange rates general prior to, and after, the floating of the pound, with each of the member States of the EEC and in each case compare that change with the adjustments toward the Common External Tariff and its final adjustment in 1977.

Mr. Deakins

Exchange rates with other EEC member States, excluding Ireland, whose rate is maintained level with the £ sterling, are published monthly in Financial Statistics ", which is available in the House of Commons Library. Tariffs on industrial goods between the United Kingdom and the Six original member States were reduced by 20 per cent. on 1st April 1973, 1st January 1974 and 1st January 1975, and following a further 20 per cent. reduction on 1st January 1976, are due to be removed on 1st July 1977.