HC Deb 18 November 1986 vol 105 c130W
Sir Trevor Skeet

asked the Secretary of State for Education and Science what information he has as to how much the fall in sterling against European currencies and the dollar has affected the amount of subscriptions payable by the science and engineering research council to international organisations.

Mr. Walden

The predicted increase in subscriptions payable by SERC to international organisations in the financial year 1987–88 due to the fall in sterling against European currencies between October 1985 and October 1986 (average rates) is £.17.84 million. There are no payments by SERC to international organisations in dollars.

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