Interest Rates

HC Deb 30 April 1987 vol 115 cc228-9W

39. Mr. Andrew MacKay

asked the Chancellor of the Exchequer if he will make a statement on the current level of interest rates.

42. Mr. Caborn

asked the Chancellor of the Exchequer if he will make a statement on United Kingdom interest rates.

55. Mr. Latham

asked the Chancellor of the Exchequer whether he will make a statement on the recent movement of interest rates.

60. Mr. Spencer

asked the Chancellor of the Exchequer what recent representations he has received about the level of interest rates; and whether he will make a statement.

Mr. Ian Stewart

Bank base rates are 9½ per cent.

61. Mr. Hardy

asked the Chancellor of the Exchequer how current interest rates in the United Kingdom compare with similar rates in the United States of America, West Germany, France and Japan.

Mr. Ian Stewart

In the United Kingdom, just as in the other G5 countries, interest rates are held at the level necessary to maintain appropriate monetary conditions.