§ Mr. Hooleyasked the Chancellor of the Exchequer if he will list in the Official Report the rate of interest on borrowing for industrial investment which currently applies in each of the nine member countries of the European Economic Community.
§ Mr. DellThe rates at which major banks lent to industrial prime borrowers at mid-October are given in the table 227W below. These rates are subject to the conditions my right hon. Friend the Chief Secretary set out in the answer he gave to a Question by my hon. Friend on 13th October.—[Vol. 897, c. 582.]
Country Rates applying as at 15th October Per cent. United Kingdom 12 Germany 7.25 France 10.85 Italy 12.5 Netherlands 7 Belgian-Luxembourg 8.5 Ireland 10.75 Denmark 11.5