§ 14. Mr. MacShaneTo ask the Chancellor of the Exchequer what assessment he had made of the impact of the current value of the German mark and the French franc on the British economy; and if he will make a statement. [17631]
§ Mr. Kenneth ClarkeSterling's value against the German mark and French franc are just two of many factors which influence the British economy. But we do know that the United Kingdom ran a visible trade surplus with EC countries in December for only the third time since monthly records began in 1988.