§ Mr. Austin Mitchellasked the Chancellor of the Exchequer what is the likely cost to the taxpayer in the current year and future years of raising additional long term debt in the current year to finance the net United Kingdom contribution in the current year to the EEC; and what was the corresponding figure for 1979.
§ Mr. LawsonLike any other item of public expenditure, the United Kingdom's net contribution to the Community budget adds to the Government's financing requirement, but it cannot be assumed that it has been or will be financed exclusively by issuing long term debt.