HC Deb 27 October 1988 vol 139 c355W
28. Mr. Beith

To ask the Chancellor of the Exchequer what research is being carried out by his Department into the future development of the European monetary system.

Mr. Lilley

The development and prospects of the European monetary system is monitored continuously.

49. Mr. Hardy

To ask the Chancellor of the Exchequer if he will make a further statement on his policy towards the European monetary system.

Mr. Lilley

The Government's position on the United Kingdom's participation in the exchange rate mechanism of the European monetary system remains that the United Kingdom will join when the time is right.