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Tourism (Euro)

Culture Media and Sport written question – answered on 11th December 2001.

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Photo of Nick Harvey Nick Harvey Shadow Spokesperson (Culture, Media and Sport)

To ask the Secretary of State for Culture, Media and Sport what assessment she has made of the impact on the UK tourism industry of Britain not being part of the Eurozone in January 2002.

Photo of Ruth Kelly Ruth Kelly Economic Secretary, HM Treasury

I have been asked to reply.

In his October 1997 statement to the House, the Chancellor of the Exchequer set out five economic tests which will define whether a clear and unambiguous case for UK membership of the single currency can be made. An assessment of the five economic tests will be produced within two years of the start of this Parliament. The assessment will be comprehensive and rigorous; all relevant economic issues will be dealt with as part of the assessment.

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