HC Deb 02 December 1958 vol 596 c108W
71. Mr. Cronin

asked the Chancellor of the Exchequer if he will now take steps to reduce long-term rates of interest which have been kept at a high level by large sales of Government stock.

Mr. Amory

I cannot accept the implication of this Question. The level and movements of the long-term rate of interest reflect fundamental conditions in the capital market.