§ Dr. Lynne JonesTo ask the Chancellor of the Duchy of Lancaster what is the United Kingdom's current annual commitment to CERN; what are the budget projections for the next six years; and if he will make a statement on the effects of those spending proposals on the development of the large hadron collider.
§ Mr. WaldegraveThe United Kingdom's subscription to CERN for 1994–95 is £60.5 million, which is some 13.6 per cent. of CERN's overall budget. Our contribution for the next six years, at most recent exchange rates, are estimated to be:
£million 1995–96 61.0 1996–97 61.7 1997–98 62.4 1998–99 63.1 1999–00 63.8 2000–01 64.5 These figures are likely to change due to fluctuations in exchange rates and in the relative net national incomes of CERN members.
These spending proposals, taken in association with the normal subscriptions to CERN of other member states, will make possible the construction of the large hadron collider. For the construction of the LHC to be on schedule, however, additional income will be required. CERN is currently in discussion with host states and non-member states to secure additional contributions towards the project.