HC Deb 16 May 1980 vol 984 c670W
Mr. Dixon

asked the Chancellor of the Exchequer, further to the answer given to the hon. Member for Oldham West, (Mr. Meacher) Official Report, 18 December 1979, c 133, before giving any further consideration to the question of Great Britain joining the European monetary system, in view of the high level of unemployment and the deteriorating economic situation in the North-East of England, if he will undertake to have a detailed investigation into the likely economic effects that the European monetary system would have in the North-East and other assisted areas of the United Kingdom.

Mr. Lawson

I shall let the hon. Member have a reply as soon as possible.