§ Nick HarveyTo ask the Secretary of State for Culture, Media and Sport what assessment she has made of the impact on the UK tourism industry of Britain not being part of the Eurozone in January 2002. [20127]
§ Ruth KellyI have been asked to reply.
In his October 1997 statement to the House, the Chancellor of the Exchequer set out five economic tests which will define whether a clear and unambiguous case for UK membership of the single currency can be made. An assessment of the five economic tests will be produced within two years of the start of this Parliament. The assessment will be comprehensive and rigorous; all relevant economic issues will be dealt with as part of the assessment.