New Forest East

EUROPE – EMU – 5 July 2000

Dr Julian Lewis: I apologise because a Select Committee engagement means that I will miss the last part of my hon. Friend's [Geoffrey Clifton-Brown's] speech. It is hardly surprising that large firms and the City are making so few preparations for changeover, given that everybody knows that between 60 and 70 percent of the British people are opposed to scrapping the pound and replacing it with the euro. Why should businesses or the City want to spend great sums of money when they know that, if the referendum is ever held, the Government will lose it?