HC Deb 28 October 1994 vol 248 c895W
Sir Teddy Taylor

To ask the Chancellor of the Exchequer if he will make a statement on the outcome of the Council of Finance Ministers meeting on 21 October; and under what legislative authority and for what purpose the Council determined to reduce a fine imposed on two member states.

Mr. Kenneth Clarke

I refer my hon. Friend to my answer of 25 October, which states that the effect of the council decision will be to increase, not reduce, the penalties suffered by the member states in question by some 1.1 becu.