§ Mr. Teddy Taylorasked the Minister of Agriculture, Fisheries and Food what estimate he has made of the implications for United Kingdom and Community public expenditure if the proposal by Her Majesty's Government for alterations in the green pound rate is accepted by the European Economic Community.
§ Mr. GummerThe proposal that I made to the Commission in September for green rate devaluations could, depending on future circumstances, increase United Kingdom public expenditure by about £50 million and Community expenditure by about 35 mecu in a full year.