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Ec Budget (United Kingdom Contribution)

Volume 130: debated on Thursday 31 March 1988

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To ask the Chancellor of the Exchequer what was the total net contribution made by the United Kingdom to the European Economic Community in the financial year 1987–88; and by what amount this total had to be reviewed in light of the recent European Council agreement.

Final information on the outturn of our net payments to European Community institutions in 1987–88 is not yet available. An estimate was contained in table 3.1 of the latest public expenditure White Paper. On the question of revisions to that estimate, I refer my hon. Friend to the information given by my right hon. Friend the Chief Secretary in the debate on the White Paper on 24 February, at columns 316–17.