HC Deb 21 May 1990 vol 173 c21W
Mr. Cryer

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

Mr. Ryder

Inflation is the greatest threat to the prosperity of all manufacturing firms. The Government will therefore keep interest rates as high as necessary for as long as necessary as part of their firm anti-inflationary policy.

Mr. Battle

To ask the Chancellor of the Exchequer when he will next meet the Governor of the Bank of England to discuss interest rate policy.

Mr. Parry

To ask the Chancellor of the Exchequer when he will next meet the Governor of the Bank of England to discuss interest rate policy.

Mr. Ryder

My right hon. Friend the Chancellor meets the Governor of the Bank of England from time to time to discuss a variety of matters.