European Community Budget (United Kingdom Contribution)

Part of Oral Answers to Questions — Agriculture, Fisheries and Food – in the House of Commons at 12:00 am on 15 May 1980.

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Photo of Mr Peter Walker Mr Peter Walker , Worcester 12:00, 15 May 1980

With every respect to the hon. Gentleman, I think that he has got his figures rather mixed up. The proposal for the package would not mean an extra £1 billion on the cost to us. It would be I billion units of account for the Community as a whole, towards which we make a contribution. I assure the hon. Gentleman that both the CAP settlement and the budget settlement will be far better than was ever achieved by our predecessors.