HC Deb 19 January 2000 vol 342 c513W
Mr. Matthew Taylor

To ask the Chancellor of the Exchequer what estimate he has made of the level of preparedness for the introduction of the Euro among(a) small and medium-sized enterprises and (b) other enterprises on (i) 30 June 1999 and (ii) 31 December 1999. [105814]

Miss Melanie Johnson

The Treasury has commissioned a number of surveys of small and medium-sized enterprises (SMEs) to measure the level of euro preparations across the UK. The most recent survey, carried out in April 1999, shows 27 per cent, of SMEs with European Union trading links had prepared for the euro.

The Treasury does not carry out euro preparations surveys of larger companies. The surveys focus on SMEs because they are the prime target of the Treasury's euro preparations information campaign to help businesses prepare for the euro.