§ Mr. Teddy Taylor
To ask the Chancellor of the Duchy of Lancaster what sterling-dollar exchange was assumed in assessing the likely rate of return on the £450 million launch aid to British Aerospace for the A330/340 projects; and if he will make a statement.
§ Mr. Kenneth Clarke
I have nothing to add to the reply I gave to my hon. Friend the Member for Ruislip-Northwood (Mr. Wilkinson) on 27 May at column371.