Euro (Hansard, 5 July 2001)

HC Deb 05 July 2001 vol 371 cc310-1W 311W

§ Mr. Redwood
To ask the Chancellor of the Exchequer what the impact of the euro exchange rate has been on UK competitiveness since the launch of the euro. [2206]

§ Ruth Kelly
[holding answer 3 July 2001]: UK exports of goods to the European Union are now over 15 per cent. higher than at the time of the euro's introduction. The UK also has a modest current account surplus with the rest of the EU.