Following the agreement on control of Community spending reached at Fontainebleau last year, agricultural prices were reduced by 3·5 per cent. in real terms. The new own resources decision, which provides for abatement of the United Kingdom's budget contribution, has come into force. Our 1984 VAT abatement of £605 million has been paid and the abatements being made to our monthly VAT contributions in respect of 1985 will be worth at least £830 million. These figures demonstrate the value of the Fontainebleau agreement to Britain. As I have frequently made clear, reform, especially of the CAP, must be pursued year by year, which is exactly what we are doing.