§ Lord Monkswellasked Her Majesty's Government:
In relation to visits made by British citizens to other European Union countries, what is their estimate of the average cost per visit of changing pounds sterling into foreign currency; and what is their estimate of the number of such visits per annum.
§ The Minister of State, Department of Social Security (Lord Mackay of Ardbrecknish)An estimate of the average cost per visit of changing pounds sterling into foreign currency is not available. There were 28.7 million visits made by United Kingdom residents abroad to other EU countries in 1994; an additional 860,000 visits were made to Austria, Sweden and Finland, which have since joined the EU. Further information is available in Table 19 ofTravel Trends, a copy of which is available in the House of Lords Library.