§ Mr. Ian TaylorTo ask the Chancellor of the Duchy of Lancaster whether in the light of the Cecchini report published by the European Commission on 31 March, relating to the gains for the European Community as a whole from achieving the single market in 1992, he will take steps to assess the relative economic gains for the United Kingdom within this total, and to publish his conclusions.
§ Mr. Alan ClarkCommunity member states have committed themselves to completing the single market by 1992 and it will provide major opportunities for the Community as a whole. The initial results of the recent study by the European Commission appear to confirm the potential benefits. We shall, of course, analyse carefully the findings of the full report when it is published, but we have no plans to commission any formal studies. The extent of the relative economic gains for the United Kingdom will depend crucially on how business responds to the opportunities that will arise.