§ 36. Mr. Flight
To ask the Chancellor of the Exchequer what assessment he has made of the extent to which the British and continental European business cycles are becoming more synchronised; and if he will make a statement. 
§ Mrs. Liddell
The Chancellor set out the Government's views on the convergence of the British and continental European business cycles in his statement on EMU on 27 October 1997. In addition the Government published the Treasury's assessment "UK Membership of the Single Currency: an Assessment of the Five Economic Tests" which also discussed this subject.