§ 58. Mr. MossTo ask the Chancellor of the Duchy of Lancaster, what is the latest evidence he has of awareness in the business community about the opportunities presented by the completion of the single European market in 1992.
§ Mr. MaudeDTI's survey of business response to the single market show that over 90 per cent. of firms throughout the country are aware of the single market challenge.
§ Mr. Tom ClarkeTo ask the Chancellor of the Duchy of Lancaster what is the current percentage of United Kingdom businesses exporting to European Economic Community countries; and what effect he expects the 1992 European single market campaign to have on that figure.
§ Mr. Alan Clark[holding answer 14 February 1989]It is not possible directly to answer the hon. Member's question in percentage terms. In 1988 European Community countries accounted for 50 per cent. of total United Kingdom exports. The effects of the 1992 single European market campaign on that figure depend on the extent to which United Kingdom businesses take full advantage of the opportunities opening up to them.