HC Deb 05 March 2003 vol 400 c1051W
Mr. Flight

To ask the Chancellor of the Exchequer what assessment he has made of the sensitivity of the economy of(a) the UK, (b) other members of the European Union and (c) other G7 nations to interest rate changes. [101282]

Ruth Kelly

As set out in the Paper for the Treasury Committee on the Treasury's approach to the preliminary and technical work, published on 6 September 2002, a number of supporting studies will be published alongside the assessment of the five economic tests. A supporting study will be published, "Assessing whether the monetary transmission mechanism differs substantively in the UK compared with the euro area". Further detail can be found in the 6 September Paper.

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