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Written question asked by Lord Dykes (Liberal Democrat), in the House of Lords. It was answered by Lord Davies of Oldham (Labour) on Monday, 11 June 2007.


Euro

Question
Whether they have made an estimate of the impact that United Kingdom entry to the euro-zone would have on United Kingdom domestic interest rates.
Answer

The Government's policy on membership of the single currency is unchanged. It remains as set out by the Chancellor in his Statement to the House of Commons in October 1997, and again in the Chancellor's Statement on the five tests assessment in June 2003.


Secondary information

Type
Written question
Reference
4100; 692 c229-30WA
Session
2006-07
Subjects
Economic and monetary union
Link
View this Written question on www.publications.parliament.uk