HC Deb 11 June 1979 vol 968 c86W
Mr. McQuarrie

asked the Minister of Agriculture, Fisheries and Food, in view of the effect on the British agriculture industry of the current value of the green pound, if he will propose another devaluation to the EEC.

Mr. Buchanan-Smith

The Government are taking stock of the situation in farming. Our policy is to devalue the green pound within the normal lifetime of Parliament to a point which will enable United Kingdom producers to compete on equal terms with those in the rest of the European Community.