HC Deb 08 December 1988 vol 143 cc299-300W
21. Mr. Skinner

To ask the Chancellor of the Exchequer when he expects the level of interest rates to fall; and if he will make a statement.

49. Dr. Moonie

To ask the Chancellor of the Exchequer what estimate he has made of future movement in interest rates over the next year.

85. Mr. Martyn Jones

To ask the Chancellor of the Exchequer what estimate he has made of future movement in interest rates over the next year.

Mr. Lilley

Base rates are currently 13 per cent. I never comment on future movements in interest rates.

38. Mr. Worthington

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

47. Mr. Jack Thompson

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

69. Mr. Darling

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

Mr. Lilley

Bank base rates are 13 per cent.

43. Ms. Armstrong

To ask the Chancellor of the Exchequer what assessment he has made of the impact of continuing high interest rates on the international competitiveness of the pound sterling.

74. Mr. Steinberg

To ask the Chancellor of the Exchequer what assessment he has made of the impact of continuing high interest rates on the international competitiveness of the pound sterling.

Mr. Lilley

The sterling exchange rate is one of the factors taken into account in the continual and comprehensive assessment of monetary conditions.

61. Mr. Knox

To ask the Chancellor of the Exchequer if he will assess the impact of current levels of interest rates on the economy.

Mr. Lilley

Higher interest rates will increase downward pressure on inflation and thereby provide the basis for our continued economic success.

Ms. Quin

To ask the Chancellor of the Exchequer what assessment he has made of the impact of continuing high interest rates in the international competitiveness of the pound sterling.

Mr. Lilley

The sterling exchange rate is one of the factors taken into account in the continual and comprehensive assessment of monetary conditions.