Interest Rates (Hansard, 18 January 2000)

§ Mr. Matthew Taylor

To ask the Chancellor of the Exchequer what is his estimate of the annual cumulative savings to the Exchequer which would result from lower debt interest costs if United Kingdom interest rates were(a) 0.5 per cent., (b) 0.75 per cent., (c) 1 per cent., (d) 2 per cent. and (e) 3 per cent. lower across the yield curve for (i) 1999–2000, (ii) 2000–01, (iii) 2001–02, (iv) 2002–03, (v) 2003–04 and (vi) 2004–05. [105428]