HC Deb 11 January 1990 vol 164 c705W
Mr. Speller

To ask the Chancellor of the Exchequer what steps he is taking to bring down the cost of commercial borrowing by smaller business industry and home owners.

Mr. Ryder

The Government will not reduce interest rates until that can be safely done without risk to inflation. Everyone has far more to fear from a resurgence of inflation than from a period of higher interest rates.