§ Mr. RedwoodTo ask the President of the Board of Trade what assessment she had made of the impact of a single currency meeting the Maastricht requirements on British business. [10923]
§ Mrs. Beckett[holding answer 28 July 1997]: As the Treasury booklet "EMU Practical Information for Business" makes clear, a single currency would be bound to have an impact on British business, whether or not we join. The Government will examine the impact on Britain's national economic interest, to which British business is central, whenever a decision about joining is considered.