§ Mr. David ShawTo ask the Chancellor of the Exchequer if he will state the present and future implications for the United Kingdom Budget of proposals for a single currency in the draft treaty on economic and monetary union as a result of different methods of accounting for liabilities in each member state's national accounts.
§ Mr. MaudeNational accounting conventions in other EC member states have no obvious implications, either now or in the future, for United Kingdom budgetary policy.