HC Deb 24 May 1966 vol 729 c67W
Sir C. Osborne

asked the Chancellor of the Exchequer, in view of the fact that he proposes to reduce his borrowings by some hundreds of millions in the coming financial year, to what extent this will help to reduce Bank Rate; when Bank Rate will be back to its normal 4 per cent.; and if he will make a statement.

Mr. Callaghan

I would refer the hon. Member to my reply to his Question of 17th May.