§ Mr. RedwoodTo ask the President of the Board of Trade what assessment she has made of the impact of current sterling levels relative to those 12 months ago on UK competitiveness. [10925]
§ Mrs. Beckett[holding answer 28 July 1997]: The Government understand and share the concerns of exporters about the current strength of sterling. 227W Competitiveness, however, depends on a range of factors. I am working together with industry to ensure that the whole environment for business in Britain is as favourable as possible.
§ Mr. RedwoodTo ask the President of the Board of Trade when the advisory group on competitiveness will first meet; and what will be on the agenda. [10927]
§ Mrs. Beckett[holding answer 28 July 1997]: The first meeting of the advisory group on competitiveness is expected to take place in September. The discussion will focus on taking forward the Government's "Competitiveness UK" initiative.