§ Mr. Ingram
To ask the Secretary of State for Scotland what assessment he has made of the impact of the Government's interest rate policy on the levels of unemployment in Scotland.
§ Mr. Allan Stewart
The reduction in United Kingdom inflation seen over the last few months is the result of the Government's firm commitment to a prudent interest rate policy.
Reducing inflation is the best means of promoting investment, enterprise and economic growth in Scotland. Only in this way can Scottish unemployment be set on a sustainable downward trend.