§ 37. Dr. Lynne JonesTo ask the Chancellor of the Exchequer what mechanisms are in place to ensure that the needs of businesses/exporters in particular are taken into account in the setting of interest rates. [1622]
§ Mrs. LiddellIn setting interest rates, the monetary policy committee of the Bank of England will be able to draw on the information gained from business surveys, and the Bank's network of regional agents which cover the whole of the United Kingdom. The Bank's agents have widespread contacts with companies, both large and small, and other organisations covering all sectors of the economy.