§ Mr. George Gardinerasked the Chancellor of the Exchequer if he will list the minimum lending rate or equivalent, at the latest available common date, in all member countries of the EEC, the United States of America, Canada and Japan.
§ Mr. Denzil DaviesThe information is as follows:
Official discount rates—as at 6 February Per cent Belgium … 6.00 Luxembourg … Denmark … 8.00 Eire … 11.85 France … 9.50 Federal Republic of Germany … 3.00 The Netherlands … 6.50 Italy … 10.50 United Kingdom … 14.00* United States of America … 9.50 Canada … 11.25 Japan … 3.50 *As at 8 February. Source: Bank of England.