HC Deb 21 December 1989 vol 164 c455W
Mr. Speller

To ask the Minister of Agriculture, Fisheries and Food what steps he is taking to reduce the cost of borrowing for agricultural investment.

Mr. Maclean

I recognise that high interest rates are unwelcome to the agricultural industry; but farming and agricultural investment, in common with other businesses, would be damaged more by a resurgence of inflation than by a period of higher interest rates.

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