§ 63. Mr. Teddy TaylorTo ask the Chancellor of the Exchequer what is his latest estimate of the United Kingdom's contribution to the European Economic Community in 1987–88; and if this figure includes a proportion of the payment made to the European Economic Community in respect of its overspending in 1988.
§ Mr. BrookeThe United Kingdom's net payment to European Economic Community institutions in 1987–88 was £1,664 million. This figure does not include any amount in respect of our contribution to the 1988 IGA (assuming that is what my hon. Friend is referring to).