HC Deb 12 April 1984 vol 58 c348W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer what is his estimate of the daily cost to the Exchequer in terms of additional interest of the non-receipt of the £457 million rebate from the European Economic Community.

Mr. Ian Stewart

It is not possible to quantify the implicit interest cost arising from the non-receipt of the 1983 refunds by 31 March because the precise effects on the PSBR depend on the balance of transactions involving the Commission's account held with the Paymaster-General.