HC Deb 04 April 1974 vol 871 c419W
Mr. Ford

asked the Chancellor of the Exchequer if he will give consideration to arranging for a dual interest rate structure, one rate for internal and one rate for external use, and issue a Green Paper accordingly.

Mr. Dell

The Government will keep the structure and levels of interest rates under close review. My right hon. Friend made it clear in the Budget speech that it is his aim to reduce rates as soon as it is feasible but that this depends on achieving a number of things both domestically and internationally. This is not really an appropriate subject for a Green Paper.

Back to
Forward to